Crude oil price settled above the EMA50, supporting the chances of the intraday positive bias continuation which targets testing 96.75

And until now, the sideways trading scenario remains valid and active, between 92.75 support and 96.75 resistance, until managing to confirm breaching one of these levels, where breaching the mentioned resistance will open the way towards targeting the psychological initially 100.00, while breaking below the support will cause loses that mainly begin at 90.00

Expected trading range for today is between: 92.00 support and 96.75 resistance.

Expected trend for today: Sideways

Silver price continued to fluctuate in sideways range between 22.00 and 23.00; therefore, there is no change at our suggested expectations in our recent reports, where we are waiting to surpass one of these levels to confirm the next trend on the intraday and short term basis.

More details around the waited targets for the upcoming period that explained in our previous reports.

Expected trading range for today is between: 21.00 support and 23.50 resistance.

Expected trend for today: Depends on the abovementioned levels

Gold price’s trading settled near the resistance level 1400.00, where the EMA50 and Stochastic are pushing negatively on the intraday trading.

Now, monitoring the trading according to 1400.00 and 1364.00, until it manages to surpass one of these levels to provide clearer signal for the next trend.

Note that breaching above 1400.00 will lead to target 1447.00 directly, while breaking 1364.00 will cause more loses, and the first station at 1340.00 followed by 1300.00

Expected trading range for today is between: 1340.00 support and 1447.00 resistance.

Expected trend for today: Depends on the abovementioned levels

The pair didn’t manage to settle long above 1.0365, fluctuating in sideways range affected by Stochastic current negativity.

In general, we are continuing in the intraday bullish trend expectations, depending on the stability above 1.0100, and the targets extend towards 1.0660

Expected trading range for today is between: 1.0265 support and 1.0500 resistance.

Expected trend for today: Bullish