The EURUSD pair begins today’s trading with new positivity to breach 1.1340 level and attempts to hold above it, which supports the continuation of our bullish overview efficiently on the intraday and short term basis, paving the way to achieve more gains in the upcoming sessions, waiting to head towards 1.1420 that represents our next main station.

Therefore, the positive scenario will remain valid and active for today, supported by the EMA50, taking into consideration that holding above 1.1270 represents major condition to continue the suggested rise.

The expected trading range for today is between 1.1270 support and 1.1440 resistance.

The expected trend for today: Bullish

Crude oil price attempts to breach 40.80 level, waiting to get a daily close above this level to confirm the continuation of the main bullish trend that its next target located at 43.05, to continue with our neutrality until the price confirms breaching this resistance or breaking 39.65 to detect the next targets clearly.

Gold price continues to rise to surpass 1800.00 and approaches the intraday bullish channel’s resistance, which adds more support to our expectations of achieving more gains in the upcoming period, which targets 1825.00 followed by 1855.00 as next main stations, while holding above 1760.00 represents the most important condition to continue the expected rise.

The EURUSD pair rallies upwards strongly to start attacking 1.1340 level, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, reminding you that we are waiting to visit 1.1420 as a next main target, while the expected rise will remain valid unless breaking 1.1270 and holding below it.