The EURUSD price shows positive trades by today’s open to test 1.1040$ level, affected by stochastic positivity, and as long as the price is below this level, the bearish trend will remain suggested for the upcoming period, waiting to visit 1.0990$ followed by 1.0940$ levels mainly.
On the other hand, we should note that breaching 1.1040$ and holding above it will stop the correctional bearish scenario and lead the price to attempt to regain the bullish trend again, to head towards testing 1.1100$ followed by 1.1200$ areas as initial positive stations.
The expected trading range for today is between 1.0955$ support and 1.1100$ resistance.
Trend forecast: Bearish
Crude oil price broke 67.56$ strongly to confirm resuming the main bearish trend within the bearish channel that appears on the chart, as it managed to achieve the expected negative target at 65.50$, and we suggest the continuation of the decline to achieve additional negative targets that extend to 64.40$, noting that the continuation of the bearish wave requires holding below 67.80$.
Gold price resumes its positive trading clearly to move away from 2500.00$ level, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, reminding you that our waited target is located at 2540.00$, while achieving it requires holding above 2500.00$.
Mccormick & Company’s stock price (MKC) returned higher in the intraday levels, amid the dominance of the upward correctional trend in the medium term, with the stock buoyed by trading above the 50-day SMA, with positive signals from the RSI despite reaching overbought levels, thus tackling the current resistance of $83.48.
Therefore we expect more gains for the stock, provided the resistance of $83.48 was reliably breached, thus targeting the pivotal resistance of $90.45.
Trend forecast: Bullish