Crude oil price managed to beach 81.60 level and closed the daily candlestick above it, to support the continuation of the expected bullish trend on the intraday and short term basis, opening the way to head towards our new targets that start at 82.70 and extend to 84.25.

Therefore, the bullish trend will remain suggested in the upcoming sessions, organized inside the bullish channel that appears on the chart, noting that breaking 80.20 will stop the expected rise and press on the price to turn to decline.

The expected trading range for today is between 80.20 support and 83.20 resistance.

The expected trend for today: Bullish

Silver price showed sudden decline yesterday to test the key support 23.05, noticing that the price bounced upwards quickly from there, to head towards resuming the main bullish trend, waiting to visit 24.05 followed by 24.55 levels as next positive stations.

Therefore, we expect to witness more rise in the upcoming sessions, noting that breaking 23.05 will stop the positive scenario and press on the price to achieve additional bearish correction on the intraday basis.

The expected trading range for today is between 23.20 support and 24.10 resistance.

The expected trend for today: Bullish

Gold price kept its stability above the intraday bullish channel’s support line, starting today with new positivity to move away from this support, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, and the way is open to achieve our waited target at 1950.00.

The EMA50 continues to provide the positive support to the suggested bullish wave, which will remain valid conditioned by the price stability above 1925.00.

The expected trading range for today is between 1920.00 support and 1955.00 resistance.

The expected trend for today: Bullish

The USDCAD pair attempted to rise yesterday but it stopped at the EMA50 that formed solid resistance against the price, to decline again and press on 1.3350 level, waiting to break this level to confirm the continuation of the bearish trend domination and head towards our next target at 1.3205.

Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 1.3420.

The expected trading range for today is between 1.3270 support and 1.3420 resistance.

The expected trend for today: Bearish