The USDCAD pair fluctuates near 1.2475 level, getting positive support by the EMA50 and stochastic, waiting to motivate the price to breach the mentioned level and open the way to visit 1.2590 as a next positive station.

Therefore, we will continue to suggest the bullish trend on the intraday basis conditioned by the price stability above 1.2365.

The expected trading range for today is between 1.2400 support and 1.2530 resistance.

The expected trend for today: Bullish

The EURUSD pair showed some slight rise after finding solid support at 1.1525, to test the intraday bearish channel’s resistance that appears on the chart, accompanied by stochastic loss to the positive momentum clearly, waiting to motivate the price to resume the negative trades to break the mentioned support and open the way to head towards 1.1400 as a next main target.

In general, we will continue to suggest the bearish trend for the upcoming period unless breaching 1.1615 and holding above it.

The expected trading range for today is between 1.1460 support and 1.1615 resistance.

The expected trend for today: Bearish

Crude oil price trades with strong positivity to attack 80.65 level and attempts to hold above it, which urges caution from the upcoming trading, as confirming the breach will stop the correctional bearish scenario and lead the price to return to the main bullish track again, while the price needs to break 79.85 to resume the correctional bearish trend that its next main target located at 76.40.

Gold price rallies upwards to breach 1797.00 level and attempts to hold above it, which hints heaing to turn to rise, noting that consolidating above this level will push the price towards 1825.15 as a next positive station, while trading below it again will press on the price to resume the bearish track that targets 1770.00 level initially.