Crude oil price managed to achieve our waited target at 84.55 and breaches it to open the way to achieve more expected gains on the longer term basis, and it needs to surpass 84.85 resistance to confirm extending the bullish wave towards 85.85 followed by 87.35 areas.

Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that failing to breach 84.85 and breaking 83.90 will press on the price to start correctional bearish wave that targets testing 82.10 areas initially before any new attempt to rise.

The expected trading range for today is between 83.50 support and 86.20 resistance.

The expected trend for today: Bullish

The USDCHF pair resumes its negative trades to approach our waited target at 0.9140, expecting to surpass this level to open the way to achieve more negative targets that reach 0.9060.

Therefore, the bearish trend scenario will remain valid and active for the upcoming period supported by the EMA50, noting that holding below 0.9200 is important to continue the expected decline.

The expected trading range for today is between 0.9100 support and 0.9180 resistance.

The expected trend for today: Bearish

Silver price provided clear positive trades in the previous sessions and approached 25.00 barrier, reinforcing the expectations of continuing the bullish trend on the intraday basis, supported by the EMA50, waiting to visit 25.05 level that represents our next main target.

Holding above 24.20 is important to continue the expected rise, as breaking it will press on the price to turn to decline and head towards testing 23.15 areas initially.

The expected trading range for today is between 24.20 support and 24.85 resistance.

The expected trend for today: Bullish

Gold price opens today’s trading with bullish bias and attempts to surpass 1797.00 level, reinforcing the expectations of continuing the bullish trend on the intraday basis, waiting to head towards 1825.15 that represents our next main target.

The EMA50 continues to carry the price from below, while stochastic gains the positive momentum clearly, thus, we believe that the chances valid to achieve more gains in the upcoming sessions, noting that breaking 1790.00 might press on the price to visit 1770.00 areas before any new attempt to rise.

The expected trading range for today is between 1785.00 support and 1820.00 resistance.

The expected trend for today: Bullish