The pair achieved daily close below 0.9975, to confirm the bearish trend expectations, where the price is retesting now the broken level.

Thus, the bearish trend will remain valid and active, and the main targets at 0.9825, taking into consideration that breaching above 0.9975 and holding above it will delay achieving the suggested negative scenario and leads to recovery attempts on the intraday basis.

Expected trading range for today is between: 0.9825 support and 1.0100 resistance.

Expected trend for today: Bearish

Crude oil price keeps its stability above 94.65 after several attempts to break it to the downside, which makes us continue in our preferred bullish trend scenario on the intraday and short term basis, waiting for breaching above 96.95 which represents the most important key for reinforcing the positive expectations.

Stochastic negativity interprets the recent sideways fluctuations and the negative attempts.

Expected trading range for today is between: 93.45 support and 97.70 resistance.

Expected trend for today: Bullish

Silver price is hovering around the EMA50, while the chance remains valid to activate the technical bullish pattern that was mentioned in our last technical update, and confirming breach 23.85 to the upside is required.

In general, the sideways range remains controlling the intraday trading, pointing that there are chances for achieving a potential positivity now that targets testing initially 24.60, being aware that the negative pressure that causes by Stochastic might make achieving the suggested rise hard.

Expected trading range for today is between: 22.60 support and 24.85 resistance.

Expected trend for today: Sideways

Gold price opens today’s trading with clear positivity to be trading above 1440.00, providing signals for a potential recovery on the intraday basis, but it finds resistance that comes from the EMA50, besides the overbought signals provided by Stochastic.

Therefore, we need the next four hours candle stick close above the mentioned level to confirm more rising on the intraday basis, which makes the trend depends on the price behavior according to 1440.00 and 1430.00

Expected trading range for today is between: 1420.00 support and 1460.00 resistance.

Expected trend for today: Depends on the abovementioned levels