Crude oil price provided positive trades on last Friday, but it started to rebound bearishly after approaching the broken support of the bullish channel, which keeps the bearish trend scenario for the upcoming period, which targets 28.80 mainly.

Thus, we are waiting for negative trades today, noting that breaching 34.10 followed by 34.60 levels will stop the suggested decline and push the price to resume the main bullish trend, which its next target located at 36.00.

The expected trading range for today is between 30.00 support and 34.60 resistance.

The expected trend for today: Bearish

Silver price ended last Friday’s trading above 17.10, which keeps the bullish trend scenario active for the upcoming period, supported by the EMA50 that carries the price from below, waiting to head towards 18.45 followed by 18.93 levels as next main stations.

Note that failing to consolidate above 17.11 will put the price under negative pressure that targets 16.50 followed by 16.00 levels before any new attempt to rise.

The expected trading range for today is between 16.90 support and 17.50 resistance.

The expected trend for today: Bullish

Gold price tests the key support 1725.90, which represents one of the next trend keys besides 1745.50 resistance, as it falls under the negative pressure formed by stochastic, which provides preference to provide more negative trades in the upcoming sessions.

Until now, we continue to monitor the price behavior according to the mentioned levels until we get clearer signal for the next trend, reminding you that breaking the support will push the price to visit the first correctional level at 1691.10 direct, while breaching the resistance will motivate the price to regain the main bullish trend and head towards 1810.00 as a next positive target.

The expected trading range for today is between 1705.00 support and 1750.00 resistance.

The expected trend for today: Depends on the above mentioned levels

The USDCAD pair attempted to breach 1.4015 level but it ended last week below it, noticing that stochastic provides clear negative signals on the four hours’ time frame, which supports the continuation of the bearish overview, waiting to head towards 1.3813 as a main negative target.

We remind you that holding below 1.4015 is important to continue the expected decline, as breaching it will push the price to turn to rise and head towards 1.4264 mainly.

The expected trading range for today is between 1.3900 support and 1.4050 resistance.

The expected trend for today: Bearish