The EURUSD pair bounced upwards clearly after testing 1.1615 level on yesterday’s evening, to reach our first target at 1.1670 now, and we believe that the chances valid to surpass this level and open the way to head towards our next main positive station at 1.1760, as the price is affected by the previously completed inverted head and shoulders’ pattern.

The EMA50 keeps supporting the expected bullish wave, which will remain valid conditioned by the price stability above 1.1615.

The expected trading range for today is between 1.1600 support and 1.1750 resistance.

The expected trend for today: Bullish

Crude oil price declined strongly and approached our waited target at 80.45, but it rallies upwards quickly now to approach 83.00 barrier, on its way to regain the main bullish trend, which targets 83.85 followed by 84.40 levels as next main stations, taking into consideration that the continuation of the bullish wave depends on the price stability above 81.75.

AMD's stock declined 0.09% in the last session on profit-taking, while gathering momentum to help it recover anew, as it vents off overbought saturation in the RSI, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA.

Therefore we expect the stock to return higher, targeting the pivotal resistance of 122.35, provided it holds above 114.44.

Expected trend for today: Bullish 

Amazon's stock declined 0.08% in the last session on profit-taking, while gathering momentum to help it rise anew, as the stock vents off overbought saturation in the RSI, settling at 3,444.15, amid positive support from the 50-day SMA, while hurt by piercing the downward correctional trend line. 

Therefore we expect the stock to return higher, targeting the first resistance at 3,548, provided it holds above 3,389.

Expected trend for today: Bullish