The EURUSD pair settles around the EMA50, and we suggest the continuation of the bearish bias to visit the bullish channel’s support line at 1.0830, making the bearish bias suggested for today, noting that breaking this level will extend the bearish wave to reach 1.0745 areas.

Therefore, we are waiting for more decline in the upcoming sessions, noting that breaching 1.0940 will push the price to regain the main bullish trend again, and it is important to be cautious during today’s trading, especially at the time of releasing the US economic data, which might cause high volatility for the major currencies’ pairs and commodities.

The expected trading range for today is between 1.0800 support and 1.0980 resistance.

The expected trend for today: Bearish

Gold price suffered strong losses after failing to surpass 1950.00 level, to attack the bullish channel’s support line and attempt to break it, to head towards achieving potential bearish correction in the upcoming period, noting that closing the daily candlestick below 1920.00 will confirm the continuation of the bearish bias, while consolidating above it will lead the price to regain the main bullish trend again.

The EURUSD pair declined strongly to break 1.0940 level and head towards achieving more expected decline in the upcoming sessions, to head towards potential visit to 1.0815 areas, supported by stochastic negativity, taking into consideration that breaching 1.0940 will stop the current negative pressure and lead the price to rise again.

Marriott International's stock (MAR) rose in the intraday levels, amid the dominance of the upward correctional trend in the short term, with negative signals from the RSI after reaching overbought levels with positive support from the 50-day SMA.

Therefore we expect more gains for the stock, targeting the first resistance at 179.24, provided the support of 166.56 holds on.

Expected trend for today: Bullish