Crude oil price continues to fluctuate within sideways track with some very slight bullish bias, and the price still inside the bullish channel that appears on the chart, supported by the EMA50 that carries the price from below, which keeps the bullish trend scenario active for the upcoming period, waiting to visit 60.00 followed by 64.90 levels that represent our next main targets.

We should note that holding above 57.46 is important to continue the expected rise, as breaking it will put the price under negative pressure that targets testing 54.50 areas before any new attempt to rise.

The expected trading range for today is between 57.46 support and 60.50 resistance.

The expected trend for today: Bullish

Silver price broke 15.22 level yesterday, but it begins today with bullish bias to move above the mentioned level again, which keeps the chances valid to continue the recently suggested bullish trend scenario, motivated by stochastic positivity that appears clearly now.

Therefore, we are waiting for more rise in the upcoming sessions, and breaching 15.30 will ease the mission of heading towards our main waited target at 15.62, while trading below 15.22 again will stop the expected rise and press on the price to decline towards 15.00 followed by 14.73 levels as next main stations.

The expected trading range for today is between 15.10 support and 15.50 resistance.

The expected trend for today: Bullish

Gold price ended yesterday’s trading below 1302.60 level, which hints the price head to return to the correctional bearish track again, but we notice that stochastic provides clear positive signals now, and the price begins to provide positive trades by today’s opening and attempts to rise again.

Therefore, we prefer staying aside temporarily until the price confirms its situation according to 1302.60 level, noting that failing to breach it will put the price under the correctional bearish pressure that its targets begin at 1275.30, while breaching it and holding above it will push the price back to the main bullish trend again, targeting 1320.00 followed by 1346.70 levels as next main stations.

The expected trading range for today is between 1285.00 support and 1320.00 resistance.

The expected trend for today: Neutral

The USDCAD pair tested the EMA50 and bounced bearishly from there, to keep the bearish trend active until now, supported by the negative signal provided by stochastic, reminding you that our waited targets begin at 1.3260 followed by 1.3128.

Holding below 1.3382 is important to continue the suggested bearish wave, as breaching it will stop the current negative pressure and lead the price to start new recovery attempts.

The expected trading range for today is between 1.3220 support and 1.3380 resistance.

The expected trend for today: Bearish