The GBPUSD pair settles above the EMA50, which supports the price to achieve waited gains in the upcoming sessions, as the positive targets begin at 1.3890 and extend to 1.3975.

Therefore, we will continue to suggest the bullish trend that moves organized inside the bullish channel that appears on the chart unless breaking 1.3785 and holding below it.

The expected trading range for today is between 1.3750 support and 1.3930 resistance.

The expected trend for today: Overall Bullish

The EURUSD pair fluctuates around the EMA50 now, settling below the bearish channel’s resistance that appears on the chart, noticing that stochastic loses its positive momentum gradually.

Therefore, these factors encourage us to suggest the bearish bias in the upcoming sessions, which its targets begin at 1.1780 and extend to 1.1700 after breaking the previous level, noting that holding below 1.1830 is important to continue the expected decline.

The expected trading range for today is between 1.1740 support and 1.1888 resistance.

The expected trend for today: Bearish

Crude oil price rallied upwards strongly to succeed reaching our extended target at 73.30, and bounced bearishly to hint potential decline to visit 71.05 areas in the upcoming sessions before turning back to rise again, taking into consideration that breaching 73.30 will lead the price to achieve additional gains that reach 75.00 on the near term basis.

Gold price faces negative pressure to trade below 1797.00, which urges caution from the upcoming trading, as closing the daily candlestick below this level will push the price back to the bearish track and press on the price to head towards 1770.00 as a first negative target.