The EURUSD pair succeeded to achieve our first positive target at 1.0400, starting today with more rise to surpass this level and confirm the continuation of the bullish trend domination in the upcoming sessions, and the way is open to visit 1.0515 that represents our next positive target.

Therefore, we are waiting for more expected rise on the intraday basis, supported by the EMA50 that carries the price from below, noting that holding above 1.0380 represents the first condition to continue the bullish trend, as breaking it might press on the price to test 1.0285 areas before any new positive attempt.

The expected trading range for today is between 1.0370 support and 1.0530 resistance.

The expected trend for today: Bullish

Crude oil price keeps declining to reach 77.00 barrier, to support the continuation of the expected decline on the intraday basis, waiting for more bearish bias to visit 76.05 as a next target, reminding you that it is important to hold below 79.20 to continue the expected bearish trend.

Gold price succeeded to achieve our waited target at 1721.65 and bounced upwards quickly to settle near 1746.40 again, and as long as the price is below this level, our bearish overview will remain valid for the upcoming period, supported by the negative pressure formed by the EMA50, reminding you that our next target extends to 1701.60.

The EURUSD pair rallied upwards strongly to move away from 1.0285, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, and the way is open to achieve our first waited target at 1.0400, noting that breaching it will push the price to 1.0515 as a next positive target.