The GBPUSD pair bounced bullishly after testing the bullish channel’s support line, to head towards resuming the bullish wave within the mentioned channel, which supports the chances of surpassing 1.3565 to open the way to head towards 1.3660 as a next main station.

Therefore, the bullish bias will be suggested in the upcoming sessions unless breaking 1.3485 and holding below it.

The expected trading range for today is between 1.3485 support and 1.3640 resistance.

The expected trend for today: Bullish

The EURUSD pair provided positive attempts on yesterday’s evening but it returned to decline and settle near the support line that rises now to 1.1285, as the EMA50 forms continuous negative pressure against the price, to keep our bearish overview that its targets begin by breaking the mentioned level to open the way to visit 1.1150.

We remind you that the continuation of the bearish wave depends on the price stability below 1.1375.

The expected trading range for today is between 1.1210 support and 1.1360 resistance.

The expected trend for today: Bearish

Crude oil price succeeded to achieve our waited target at 79.40 and finds solid resistance there, and it might rebound bearishly on the intraday basis before surpassing this level and extend the bullish wave on the longer term basis, taking into consideration that failing to breach the mentioned level will force the price to test 77.05 areas and might extend to 76.40 before any new attempt to rise.

Gold price closed the last four hours’ candlestick below 1797.00, to add more support the chances of continuing the decline on the intraday basis, noting that the expected negative target is located at 1770.00, while breaching 1797.00 represents positive factor that might push the price to achieve gains and attempt to return to the bullish track again.