Crude oil price ended yesterday with clear negativity to attack the bullish channel’s support line, as it moves below this support now, but we notice that stochastic gains the positive momentum clearly, which encourages us to suggest resuming the bullish bias today, and the price needs to surpass 82.30 to return to the bullish channel and achieve new gains that reach 84.00 followed by 85.40.

Therefore, the bullish trend scenario will remain valid and active for the upcoming period as long as 81.40 level remains intact.

The expected trading range for today is between 80.50 support and 83.60 resistance.

The expected trend for today: Bullish

Silver price resumes its positive trades after testing the intraday bullish channel’s support line, accompanied by witnessing positive signals through stochastic, waiting to motivate the price to provide more bullish bias in the upcoming sessions, reminding you that our targets begin by surpassing 23.40 to confirm rallying towards 24.20 as a next station.

Holding above 22.90 is important to continue the expected rise, as breaking it will press on the price to turn to decline and head towards 22.00 areas initially.

The expected trading range for today is between 22.85 support and 23.70 resistance.

The expected trend for today: Bullish

Gold price provided additional negative trades yesterday and attebpted to move away from 1825.15 level, but we notice that the EMA50 formed good support the protect the price from suffering more losses, as the price bounced to trade above 1825.15 now, which keeps the bullish trend scenario valid and active for the upcoming period, waiting to visit 1860.00 as a next main target.

Therefore, we are waiting for more rise today supported by stochastic positivity, noting that failing to consolidate above 1825.15 will press on the price to decline again and test 1797.00 areas before any new attempt to rise.

The expected trading range for today is between 1810.00 support and 1840.00 resistance.

The expected trend for today: Bullish

The USDCAD pair succeeded to touch our waited target at 1.2480 and found solid support therefore, to show some slight bullish bias, noticing that stochastic shows clear overbought signals now, to expect motivating the price to resume the negative trades and break the mentioned level to head towards 1.2370 as a next target.

Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 1.2590 and 1.2625 levels.

The expected trading range for today is between 1.2420 support and 1.2570 resistance.

The expected trend for today: Bearish