Sugar price trades positively now to attempt to breach 19.72 level, which urges caution from the upcoming trading, as the price needs to hold below this level to keep the bearish trend valid for the upcoming period, supported by stochastic negativity, reminding you that our main waited targets begin at 19.16 and extend to 18.70.
The expected trading range for today is between 19.10 support and 19.80 resistance
The expected trend for today: Bearish
Brent oil price crawls upwards to gradually approach our waited positive target at 74.70, expecting to extend the bullish wave on the intraday and short term basis to reach 75.60 as a next main target, reminding you that the continuation of the bullish trend requires holding above 72.75.
The expected trading range for today is between 72.50 support and 75.60 resistance.
The expected trend for today: Bullish
Crude oil price attempts to breach 71.05 level now, reinforcing the expectations of continuing the bullish trend for the rest of the day, waiting for more rise to head towards 73.30 that represents our net station, noting that the EMA50 continues to support the expected rise, which conditions holding above 69.25.
The expected trading range for today is between 69.50 support and 72.50 resistance.
The expected trend for today: Bullish
Silver price keeps its stability below 23.80, to keep the negative pressure valid for today, supported by stochastic and the EMA50 negativity, waiting to resume the negative trades that target 22.90 mainly.
The expected trading range for today is between 23.20 support and 24.00 resistance.
The expected trend for today: Bearish