The EURUSD price shows some bullish bias after the strong decline that it witnessed yesterday and achieving our second target at 1.0250$, affected by stochastic positivity, and we suggest resuming the negative trades in the upcoming sessions to target 1.0170$ as a next negative station.

The EMA50 keeps pressing negatively on the price to reinforce the expectations of continuing the bearish trend, taking into consideration that breaching 1.0325$ followed by 1.0375$ levels will stop the bearish wave and lead the price to start bullish correction on the intraday basis.

The expected trading range for today is between 1.0190$ support and 1.0340$ resistance

Trend forecast: Bearish

Crude oil price keeps rising to succeed achieving our waited target at 73.70$, noticing that the price attempts to breach this level to hint heading to continue the rise on the intraday and short-term basis, noting that the next target reaches 75.65$, while the price needs to build support base above 73.70$ to guarantee the continuation of the expected bullish trend.

Gold price confirmed breaching 2640.00$ level to rally towards achieving more rise on the intraday basis, opening the way to visit 2700.00$ as a next positive target, noting that the continuation of the bullish wave requires holding above 2640.00$.

The EURUSD price declined strongly to succeed achieving our second waited target at 1.0250$, and the way seems open to surpass this level to extend the bearish wave towards 1.0170$ areas as a next negative station, noting that the continuation of the bearish trend requires holding below 1.0380$.