The GBPUSD pair trades with clear positivity to approach retesting the broken neckline of the double top pattern that its signs appear on the chart, noticing that stochastic shows clear overbought signals, while the EMA50 meets the key resistance formed at 1.3800 to add more strength to it.

Therefore, these factors encourage us to continue suggesting the bearish trend for the upcoming period, which targets 1.3580 as a next station, while achieving it requires holding below 1.3800.

The expected trading range for today is between 1.3660 support and 1.3830 resistance.

The expected trend for today: Bearish

The EURUSD pair closed the last daily candlestick below 1.1780, to reinforce the expectations of continuing the bearish trend in the upcoming period, on its way to visit 1.1700 that represents our next negative target.

The EMA50 continues to support the suggested bearish wave, taking into consideration that consolidating above 1.1780 will stop the expected decline and lead the price to start recovery attempts that target testing 1.1880 areas initially.

The expected trading range for today is between 1.1690 support and 1.1850 resistance.

The expected trend for today: Bearish

Crude oil price traded with strong negativity to succeed breaking 59.85 and reach the thresholds of the waited target at 57.35, which support the continuation of our bearish overview, noting that surpassing this level will extend the bearish wave to reach 54.85 as a next station, while the expecte decline will remain valid unless breaching 59.85 and holding above it.

Gold price attempted to breach the key resistance 1740.00 but it bounced bearishly to test the key support 1722.00, which urges caution from the upcoming trading, as breaking this support will press on the price to continue the decline and achieve negative targets that reach 1700.00 followed by 1692.00, while breaching 1740.00 represents the key to rally to resume the bullish wave that its next target located at 1765.00.