The pair shows sideways trading after approaching from the main waited target at 0.9825, where it is affected by Stochastic positivity.

In general, we still waiting for achieving the main target, and from there we must monitor the price behavior carefully, where breaking below it will cause more downside track on the short term basis, and the next target will be at 0.9580, on the other hand, breaching above 0.9975 will stop the intraday bearish trend expectations.

Expected trading range for today is between: 0.9765 support and 0.9975 resistance.

Expected trend for today: Bearish

As we mentioned in the technical update messages, crude oil price found solid support at 92.15, and it stuck again between the EMA50 at 93.45 and 94.65, which makes us wait for a confirmation of the next trend, by monitoring the price behavior according to the mentioned levels, where breaking below 93.45 will lead to new testing to the main bullish channel’s support at 92.20, while breaching above 94.65 will turn the positive scenario that was stopped in the beginning of this week.

Expected trading range for today is between: 92.20 support and 97.00 resistance.

Expected trend for today: Depends on the above mentioned levels

Silver price kept the stability below 23.25, reinforcing the expectations of continuing the bearish trend which is supported by the EMA50, while Stochastic is providing now clear negative signals that support the suggested decline.

Thus, we are waiting for targets that mainly begin at 22.00, while achieving them requires holding below 23.25

Expected trading range for today is between: 21.65 support and 23.50 resistance.

Expected trend for today: Bearish

Gold price found solid support at yesterday’s suggested target at 1390.00, fluctuating in sideways range, which makes stochastic loses its bullish momentum gradually.

In general, resuming the bearish trend on the intraday basis is expected, supported by the EMA50, and the price might retest 1400.00 – 1410.00 before continuing the decline that its targets begin at 1365.00, while it remains valid conditioned by the stability below 1422.00

Expected trading range for today is between: 1365.00 support and 1410.00 resistance.

Expected trend for today: Bearish