Crude oil price trades with calm positivity to gradually approach our first waited target at 73.30, and we expect to breach this level to open the way to head towards 75.00 as a next target, as the price gets continuous positive support by the EMA50.

Therefore, the bullish trend scenario will remain suggested for the upcoming period unless breaking 71.05 and holding with a daily close below it.

The expected trading range for today is between 71.50 support and 74.00 resistance.

The expected trend for today: Bullish

Silver price breached 24.95 level clearly to head towards achieving more expected intraday gains, noting that surpassing the EMA50 will push the price to 25.65 as a next positive target.

Therefore, the bullish bias will be expected for today, noting that breaking 24.95 and holding below it will stop the positive scenario and press on the price to resume the main bearish trend again.

The expected trading range for today is between 24.80 support and 25.65 resistance.

The expected trend for today: Bullish

Gold price provides clear positive trades to head towards potential test to the key resistance 1825.15, to move between this resistance and 1797.00 support, which makes us suggest witnessing sideways trades between these levels until the price manages to breach one of them and detect the next destination clearly.

Note that the continuation fo the rise and breaching the mentioned resistance will lead the price to achieve additional gains that reach 1860.00, while breaking the support represents the key to continue the bearish correction that its next target located at 1770.00.

The expected trading range for today is between 1795.00 support and 1835.00 resistance.

The expected trend for today: Sideways

The USDCAD pair broke the bullish channel’s support line and closed the daily candlestick below it, which hints heading to achieve more bearish correction for the bullish wave measured from 1.2007 to 1.2807, testing 38.2% Fibonacci correction level now at 1.2500, noting that breaking this level will push the price to 1.2407 followed by 1.2313 levels as next negative targets.

Therefore, the bearish bias will be expected for the upcoming period unless breaching 1.2620 and holding above it.

The expected trading range for today is between 1.2430 support and 1.2560 resistance.

The expected trend for today: Bearish