Crude oil price leaned well on the EMA50, to rise surpassing 94.65 level, which opens the way for more intraday positive attempts that aim to test 96.90 level.

In general, we will suggest the domination of the sideways trading on the intraday basis, while this sideways range barriers are represented by the 92.50 support and 96.90 resistance, until being able to surpass one of the these levels and provide clearer signals for the next short term trend.

Expected trading range for today is between: 92.50 support and 97.60 resistance.

Expected trend for today: Sideways

Silver price found solid resistance at the EMA50, this resistance stopped the recent positive trading, which forced the price to decline resuming the suggested bearish scenario depending on breaking the sideways range support that appears in the image, besides the previously explained lower tops formation.

The waited targets begin at 22.00 followed by 20.90, noting that breaching above 22.80 will provide a positive motive that will push the price to trade again inside the previously broken sideways range.

Expected trading range for today is between: 20.90 support and 23.50 resistance.

Expected trend for today: Bearish

Gold price showed some positive trading yesterday which stopped at the EMA50 that forms a resistance barrier now at 1395.00, to bounce to the downside and keeps our overall bearish overview valid.

Our waited targets for today begin at 1365.00 followed by 1350.00, while the chances to achieve them remain valid unless 1395.00 was breached.

Expected trading range for today is between: 1350.00 support and 1400.00 resistance.

Expected trend for today: Bearish

The pair leaned on the EMA50 and bounced to the upside breaching 1.0180 in the third technical attempt, providing a daily close above it to activate a positive scenario that its targets begin at 1.0365

Stochastic negativity might make the mission to hit the waited target harder, while breaking 1.0180 -1.0105 levels will turn the price back to the bearish track.

Expected trading range for today is between: 1.0105 support and 1.0365 resistance.

Expected trend for today: Bullish