The EURUSD price continued to decline to surpass our waited target at 1.0400$ and approach few pips away from the extended target at 1.0333$, noticing that the price begins today with bullish bias affected by stochastic positivity, while the EMA50 forms negative pressure against the price to support the chances of resuming the negative trades again.

Therefore, the bearish trend will remain suggested for the upcoming period, and the targets begin by breaking 1.0333$ to open the way to head towards 1.0250$ as a next station, noting that continuing the rise and breaching 1.0475$ will stop the bearish wave and lead the price to achieve bullish correction on the intraday basis.

The expected trading range for today is between 1.0300$ support and 1.0445$ resistance

Trend forecast: Bearish

Gold price resumes its negative trades to hit our first waited target at 2615.00$, and we suggest the continuation of the bearish trend to test 2600.00$ as a next negative station, to keep the bearish trend dominant in the upcoming sessions unless the price rallied to breach 2687.00$ and hold above it.

The EURUSD price declined strongly after the US federal reserve decision to cut the interest rate as expected, to break 1.0475$ and approach the waited negative target at 1.0400$, and the way seems open to continue the decline to achieve additional negative targets that extend to1.0333$, noting that the continuation of the bearish wave requires holding below 1.0475$.

Litecoin’s currency price (LTCUSD) returned lower in the intraday levels as the price tries to gather positive momentum to rise anew, amid the dominance of the main upward trend in the short term, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. 

Therefore we expect the price to return higher, targeting the important resistance of $147.22, provided the support of $101.31 holds on.

Trend forecast for today: Likely Bullish