The EURUSD pair trades with clear positivity to approach our waited target at 1.2011, reinforcing the expectations of continuing the bullish trend domination on the intraday and short term basis, supported by the EMA50, noting that surpassing this level will push the price to achieve more gains on the longer term basis, while holding above 1.1855 represents major condition to continue the suggested rise.

Gold price broker 1794.84 level strongly to rally bearishly and approaches our main waited target at 1765.00, and the way seems open for more decline on the short term and medium term basis, as the next target reaches 1700.00.

Therefore, the bearish trend will remain dominant in the upcoming period conditioned by closing today below 1794.84.

Crude oil price shows positive trades that hint the price head to recover and regain the bullish trend, which urges caution from the upcoming trading, as continuing the rise and breaching 45.85 will stop the morning suggested negative scenario and leads the price to resume the main bullish trend that its next main target located at 48.00 and extends to 50.00.

The major currencies’ pairs show calm and tight ranges since morning, affected by the US holidays’ season and the weak trading volumes, which keeps our morning suggested scenarios valid without any change, and we recommend checking these reports to review the expected trend and targets for the upcoming period.