Crude oil price settles near 59.00 level now, and the price keeps its stability above the bullish channel’s support line that appears on the chart, while the EMA50 keeps supporting the price from below, noticing that stochastic reaches the oversold areas now.

Therefore, we believe that the chances are valid to resume the bullish trend in the upcoming sessions, reminding you that our targets begin by breaching 60.00 level to confirm extending the bullish wave towards 64.90, while holding above 57.46 represents key condition to continue the expected bullish trend.

The expected trading range for today is between 58.00 support and 61.00 resistance.

The expected trend for today: Bullish

Silver price fluctuates around the EMA50, and as long as the price is above 15.22, our bullish expectations will remain valid for the upcoming period, waiting to test 15.62 level mainly.

Note that breaching the targeted level will push the price towards 16.00 as a next positive station, while breaking 15.22 represents negative factor that will press on ther pice to decline again and head towards 14.73 initially.

The expected trading range for today is between 15.20 support and 15.60 resistance.

The expected trend for today: Bullish

Gold price shows some slight bearish bias to approach the key support 1302.60, this level is met by the EMA50 to add more strength to it, while stochastic gets rid of its negative momentum to reach the oversold areas.

Therefore, these factors encourage us to keep our bullish overview for the upcoming period, as the price is organized inside an intraday bullish channel that appears on the chart, reminding you that our main targets begin at 1320.00 and extend to 1346.73, while holding above 1302.60 represents key condition to continue the expected rise.

The expected trading range for today is between 1295.00 support and 1320.00 resistance.

The expected trend for today: Bullish

The USDCAD pair traded with clear negativity yesterday to succeed touching our first waited target at 1.3260 and bounced upwards to settle near the EMA50, noticing that stochastic reaches the overbought areas now, which supports the chances of resuming the expected bullish trend on the intraday and short term basis, which its next main target located at 1.3128.

Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless the price rallied to breach 1.3382 level and hold above it.

The expected trading range for today is between 1.3240 support and 1.3400 resistance.

The expected trend for today: Bearish