Crude oil price settles around the EMA50, noticing that the price loses the positive momentum clearly, which supports the chances of bouncing bearishly to resume the bearish trend on the intraday basis, waiting to visit 73.73 mainly.

Therefore, we expect to witness negative trades in the upcoming sessions, taking into consideration that the continuation of the rise and breaching 77.86 will stop the expected decline and lead the price to turn to rise on the intraday and short-term basis.

The expected trading range for today is between 74.70 support and 77.60 resistance.

The expected trend for today: Overall bearish

Silver price traded with clear positivity yesterday to succeed achieving our first waited target at 25.00, affected by stochastic negativity to fluctuate within sideways range now, waiting to resume the bullish wave that its next target located at 25.50.

Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that it is important to hold above 26.40 to achieve the waited targets.

The expected trading range for today is between 24.70 support and 25.50 resistance.

The expected trend for today: Bullish

Gold price opens today with more positivity to approach our waited extended target at 2055.00, and attempts to confirm surpassing the intraday bullish channel’s resistance that appears on the chart, waiting to get positive motive that assist to push the price to continue rising and achieve additional gains that reach 2075.25.

The EMA50 continues to support the suggested bullish wave, taking into consideration that failing to surpass the current resistance around 2047.00 will push the price to decline towards the key support 2009.30 before any new positive attempt.

The expected trading range for today is between 2030.00 support and 2065.00 resistance.

The expected trend for today: Bullish

The USDCAD pair continues to decline to approach our waited target at 1.3500, noting that breaking this level will push the price to suffer more losses and head to visit 1.3350 areas on the near-term basis.

Therefore, the bearish trend scenario will remain active for the upcoming period, noting that breaching 1.3605 will stop the current decline and push the price to test the key resistance 1.3680 before any new attempt to decline.

The expected trading range for today is between 1.3480 support and 1.3600 resistance.

The expected trend for today: Bearish