The EURUSD pair settles around 1.1000 level after the decline that it witnessed yesterday, and the EMA50 continues to press negatively on the price, while stochastic shows negative signals on the daily time frame.

Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming period, which its next target located at 1.0857, noting that holding below 1.1080 represents the first condition to continue the expected decline.

The expected trading range for today is between 1.0910 support and 1.1080 resistance.

The expected trend for today: Bearish

Crude oil price rallied upwards strongly to breach 60.92 level and settles above it, which leads the price to achieve more expected gains in the upcoming period, paving the way to visit the previously recorded top at 66.58, noting that the potential rise will remain valid unless breaking 60.92 level and holding below it again.

The EURUSD pair continues to decline to move below 1.1000 barrier now, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, which gets continuous support by the EMA50, reminding you that our main waited target reaches 1.0857.

Coca-Cola's stock fell amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, while seeking a bottom to bolster it, amid positive signals from the RSI. 

Therefore we expect the stock to return higher, especially if it settled back above 54.78, targeting the resistance of 55.88. 

Expected trend for today: Bullish