Crude oil price shows some slight bullish bias to attempt to move away from the bullish channel’s support line, to keep the bullish trend scenario active for today, reminding you that our next target is located at 79.55$, and the positive targets extend to 81.50$ after surpassing the previous level, reminding you that the continuation of the bullish wave requires holding above 77.64$.

The expected trading range for today is between 77.00$ support and 80.00$ resistance

Trend forecast: Bullish

Silver price settles below 29.30$ level, to keep the bearish trend scenario active for today, which depends on the price stability below the mentioned level and below 30.06$, supported by the negative pressure formed by the EMA50, waiting to resume the negative trades that target 28.55$ initially, reminding you that breaking it will push the price towards 27.65$ as a next target.

The expected trading range for today is between 28.50$ support and 29.40$ resistance.

Trend forecast: Bearish

Gold price shows some bullish bias to test the EMA50, affected by stochastic positivity, and as long as the price is below 2340.10$, our bearish overview will remain valid for today, waiting to get negative motive that assist to push the price to achieve our first main target at 2272.06$.

The expected trading range for today is between 2280.00$ support and 2320.00$ resistance.

Trend forecast: Bearish

Read more: Will Gold price reach 3000$ areas?

The GBPUSD price faces new negative pressure to test the key support 1.2700$, which urges caution from the upcoming trading, as the price needs to hold above this level to keep the bullish trend scenario active for today, as breaking it represents the key to start bearish wave that its next main target reaches 1.2580$.

On the other hand, note that breaching 1.2755$ will reinforce the chances of resuming the bullish wave that its next main target located at 1.2893$.

The expected trading range for today is between 1.2700$ support and 1.2845$ resistance.

Trend forecast: Bullish