The GBPUSD pair bounced bullishly after approaching 1.3820 level yesterday, to fluctuate around the EMA50, noticing that stochastic provides positive signals now, to motivate the price to provide more bullish bias in the upcoming sessions, reminding you that our next target is located at 1.3975.

Therefore, we will keep our bullish overview unless breaking 1.3820 and holding below it.

The expected trading range for today is between 1.3820 support and 1.3980 resistance.

The expected trend for today: Bullish

The EURUSD pair tested 1.2000 barrier, falling under the negative pressure formed by the EMA50, to support the continuation of the expected bearish trend scenario for the upcoming period, which target 1.1975 level as a next station, reminding you that breaking this level will extend the bearish wave to reach 1.1880.

On the other hand, we should note that breaching 1.2064 will stop the expected decline and lead the price to turn to rise.

The expected trading range for today is between 1.1940 support and 1.2080 resistance.

The expected trend for today: Bearish

Crude oil price succeeded to touch our first waited target at 65.60 and finds solid resistance there, waiting to get positive momentum that assist to push the price to surpass this level and confirm extending the bullish wave towards 67.95, noting that the continuation of the expected rise requires holding above 64.35.

Gold price faced strong negative pressure to break 1785.00 level and settles below it, to hint heading for potential test to the most important support at 1765.00 before turning back to rise, making the bearish bias suggested in the upcoming sessions unless the price managed to breach 1785.00 and hold above it again.