Brent oil price declined strongly to break 80.75$ support line and reach 79.70$ level direct, noticing that the price attempts to break this level to hint heading to achieve more expected decline in the upcoming period, as the next negative target reaches 77.75$ areas, taking into consideration that failing to confirm breaking 79.70$ might push the price to build bullish wave that targets visiting 81.40$ areas initially.

Crude oil price broke 77.24$ level strongly to turn to decline and approach 75.48$ level, and the way seems open to surpass this level and suffer additional losses that reach 74.20$ as a next negative station, noting that the expected decline will remain valid unless breaching 77.24$ and holding above it again.

The CADCHF price provided negative close below the broken support at 0.6310 recently, hinting its affection by the continuous domination of the bearish bias to notice reaching 0.6280 level recently, noting that stochastic crawl towards the oversold areas might increase the negative pressures to reinforce the chances of forming new bearish waves and target the major support at 0.6255 followed by monitoring the price behavior due to the importance of this support line to detect the next main trend.

The expected trading range for today is between 0.6295 and 0.6255

Trend forecast: Bearish

Natural gas price kept its negative stability below 2.150$ barrier, to notice forming new bearish wave yesterday and approach the first additional target at 1.950$.

Stochastic current fluctuation within the oversold areas might force the price to form some sideways trades until gathering the additional negative momentum, to ease the mission of resuming the decline and reach the next target at 1.870$.

The expected trading range for today is between 2.050$ and 1.870$

Trend forecast: Bearish