Crude oil price trades with calm positivity to fluctuate around 70.50 level, to keep the bullish trend scenario valid and active, which targets testing 71.55 level as a next station.

The EMA50 supports the price from below, reinforcing the chances of continuing the suggested bullish wave, noting that breaching 71.55 will push the price to achieve additional gains that reach 73.80, while holding above 68.75 represents major condition to the continuation of the expected rise.

The expected trading range for today is between 69.30 support and 72.30 resistance.

The expected trend for today: Bullish

Silver price returns to rise after approaching 22.25 level in the previous sessions, but we notice that the EMA50 forms good negative pressure against the price, to stop the current rise, while stochastic loses its positive momentum to enter the overbought areas.

Therefore, we expect to witness negative trades in the upcoming sessions, and the targets begin at 22.25 and extend to 21.35 after breaking the previous level, noting that breaching 23.00 will stop the bearish wave and push the price to turn to rise.

The expected trading range for today is between 22.20 support and 23.00 resistance.

The expected trend for today: Bearish

Gold prices ended last Friday positively, to breach 1913.15 level and settles above it, but we notice that the price stopped at the correctional bearish channel’s resistance, as the EMA50 meets this resistance to add more strength to it, accompanied by witnessing clear negative signals through stochastic.

Therefore, we believe that the chances valid to resume the bearish trend in the upcoming sessions, noting that our next target is located at 1873.50, while breaching 1923.00 will push the price to achieve additional gains that target testing 1945.20 areas before any new attempt to decline.

The expected trading range for today is between 1895.00 support and 1929.00 resistance.

The expected trend for today: Bearish

The USDCAD pair tested the key support 1.3205 and kept its stability above it, getting good positive support by the EMA50, to support the chances of continuing the rise in the upcoming sessions, reminding you that our next target is located at 1.3350.

Holding above 1.3205 is important to continue the expected bullish trend, as breaking it will put the price under the negative pressure again, to head towards visiting 1.3080 areas initially.

The expected trading range for today is between 1.3190 support and 1.3330 resistance.

The expected trend for today: Bullish