The EURUSD pair managed to touch our waited target at 1.0960 and attempts to breach it now, to support the expectations of continuing the correctional bullish trend, reminding you that our next target extends to 1.1080 areas on the near-term basis.

The EMA50 continues to support the suggested bullish wave, waiting to get positive momentum that assist to push the price to confirm breaching the current areas and head towards the expected target, taking into consideration that failing to surpass 1.0960 might push the price to rebound bearishly and head to test 1.0860 areas before any new positive attempt.

The expected trading range for today is between 1.0900 support and 1.1050 resistance.

The expected trend for today: Bullish

Crude oil price succeeded to achieve our waited target at 77.86 and attempts to breach it, to support the chances of continuing the bullish wave in the upcoming period, paving the way to achieve additional gains that reach 79.60, taking into consideration that failing to breach the current resistance might push the price to test 76.35 areas before any new attempt to rise.

Gold price faced negative pressure to break 1975.00 level and approaches the most important support at 1962.35, and as long as the price is above this level, the bullish trend scenario will remain active for the upcoming period, reminding you that our waited targets begin at 2000.00 followed by 2009.30.

The EURUSD pair attempts to resume the rise to approach 1.0960 level, noting that breaching this level will push the price to 1.1080 as a next main station, while breaking 1.0860 represents negative factor that will force the price to achieve decline that its targets begin by visiting 1.0760 areas.