Crude oil price attempted to breach 78.75 level but it couldn’t consolidate above it, to trade below it now, noticing that the price consolidates above the minor support 78.25 to start providing positive trades again, which encourages us to suggest the bullish bias for today and head to visit 80.00 as a next main target.

Therefore, we expect to witness new positive trades in the upcoming sessions, noting that breaking 78.25 will stop the expected rise and push the price to decline towards 77.00 before any new positive attempt.

The expected trading range for today is between 77.30 support and 80.20 resistance

The expected trend for today: Bullish

Silver price managed to reach our waited target at 22.25 and bounced bullishly from there, to head towards expected test to the intraday bearish channel’s resistance line around 22.70, noting that breaching this level will push the price towards the most important resistance at 23.00.

Therefore, the bullish bias will be suggested for today, noting that breaking 22.25 will stop the expected rise and push the price to suffer new losses.

The expected trading range for today is between 22.25 support and 22.90 resistance.

The expected trend for today: Bullish

Gold price provides calm positive trades and gradually crawls towards the neckline of the inverted head and shoulders’ pattern that appears on the chart, located at 2039.65, waiting to breach this level to activate the mentioned pattern and head to achieve expected gains on the intraday and short-term basis, starting at 2065.70 and extend to 2095.00 after surpassing the previous level.

Therefore, we will continue to suggest the bullish trend for the upcoming period, reminding you that it is important to hold above 2016.90 to continue the expected rise.

The expected trading range for today is between 2020.00 support and 2055.00 resistance.

The expected trend for today: Bullish

The USDCAD pair succeeded to achieve our first waited target at 1.3600 and found solid resistance there, to show some slight bearish bias, affected by stochastic negativity, waiting to gather positive momentum that assist to push the price to resume the positive trades and head towards our next target at 1.3665.

The bullish channel continues to organize the suggested bullish wave, which gets continuous support by the EMA50, noting that breaking 1.3510 will stop the expected rise and push the price to start bearish correction on the intraday basis.

The expected trading range for today is between 1.3500 support and 1.3650 resistance.

The expected trend for today: Bullish