Crude oil price managed to touch our waited target at 70.05$ and attempted to break it, to support the expectations of continuing the domination of the bearish trend on the intraday and short-term basis, reminding you that our next targets extend to 69.05$ followed by 67.65$.

On the other hand, we should take into consideration that failing to confirm breaking 70.05$ might push the price to start recovery attempts and head to test 72.04$ areas before any new attempt to decline.

The expected trading range for today is between 68.60$ support and 71.60$ resistance

Trend forecast: Bearish

Silver price shows new negative trades to attempt to approach 27.62$ level again, waiting for more decline to break this level and open the way to extend the bearish wave to achieve new negative targets that reach 27.15$.

Therefore, we will continue to suggest the bearish trend for the rest of the day, reminding you that it is important to hold below 28.55$ to continue the expected decline.

The expected trading range for today is between 27.60$ support and 28.40$ resistance.

Trend forecast: Bearish

Gold price faces strong negative pressure now to attack 2483.40$ and attempts to confirm breaking it, which urges caution from the upcoming trading, as holding below this level will stop the morning suggested positive scenario and push the price to continue the decline for the rest of the day to target 2445.75$ areas mainly, while consolidating above it will reactivate the bullish wave that targets 2540.00$ initially.

Now, we prefer to stay aside until the price confirms its situation according to 2483.40$ level followed by determining the next destination clearly.

The expected trading range for today is between 2465.00$ support and 2500.00$ resistance.

Trend forecast: Neutral

Read more: Gold Makes a Historic Leap Above $2,500: Did You Miss the Big Opportunity?

The GBPUSD price is testing 1.3124$ level now, and the EMA50 meets this level to add more strength to it, waiting to resume the expected bearish trend for today, which targets 1.3036$ mainly.

The continuation of the bearish wave depends on the price stability below 1.3124$, as breaching it will push the price to turn to rise and target 1.3200$ areas initially.

The expected trading range for today is between 1.3030$ support and 1.3180$ resistance.

Trend forecast: Bearish