Crude oil price settles below 73.70$, to keep the bearish trend scenario valid and active for today, which conditions the price stability below this level, waiting to get negative motive that assist to push the price to head towards our main expected target at 72.15$.
The expected trading range for today is between 72.00$ support and 75.00$ resistance
Trend forecast: Bearish
Silver price shows additional bullish bias to reinforce the expectations of continuing the bullish trend for today, reminding you that our main waited target is located at 30.63$, supported by moving above the EMA50 that carries the price from below, reminding you that the continuation of the bullish trend depends on the price stability above 29.63$.
The expected trading range for today is between 29.65$ support and 30.60$ resistance.
Trend forecast: Bullish
Gold price attempts to breach 2640.00$ level, which represents one of the next trend keys besides 2630.00$ support line, and as we mentioned this morning, the price needs to surpass one of these levels to detect its next destination clearly, which keeps our neutrality valid until now.
To review the details of the expected targets for the upcoming period, please check our morning issued report.
The expected trading range for today is between 2620.00$ support and 2660.00$ resistance.
Trend forecast: Neutral
The GBPUSD price returns to rise to test the first key resistance 1.2566$, which urges caution from the upcoming trading, as continuing the rise and surpassing 1.2595$ will push the price to build bullish wave that its targets begin by visiting 1.2735$ areas.
Until now, the negative scenario will remain valid as long as the above mentioned levels remain intact, reminding you that our next main target is located at 1.2400$.
The expected trading range for today is between 1.2430$ support and 1.2590$ resistance
Trend forecast: Bearish