Crude oil price resumes its positive trading to test 70.00$ barrier, reinforcing the expectations of continuing the bullish trend for the rest of the day, and the way is open to achieve our first target at 70.58$, noting that surpassing this level will extend the bullish wave to reach 72.15$ as a next positive station, while the expected rise will remain valid unless breaking 68.64$ and holding below it.

The expected trading range for today is between 68.20$ support and 71.20$ resistance

Trend forecast: Bullish

Silver price shows some bearish bias to head towards potential test to the key support 30.63$, while stochastic reaches the oversold areas, to support the chances of bouncing bullishly and rise on the intraday basis, to continue suggesting the bullish trend for today unless breaking the mentioned support and holding below it, reminding you that our targets begin at 31.63$ and extend to 32.25$ followed by 32.86$ after surpassing the previous level.

The expected trading range for today is between 30.90$ support and 31.80$ resistance.

Trend forecast: Bullish

Gold price is testing the bullish trend line now, and as we mentioned this morning, the price needs to hold above this support to keep the bullish trend scenario active for today, waiting to get positive motive that assist to push the price to achieve our next main targets at 2655.00$ followed by 2710.00$, reminding you that breaking 2615.00$ will push the price to turn to decline and start intraday bearish correction.

The expected trading range for today is between 2625.00$ support and 2660.00$ resistance.

Trend forecast: Bullish

The GBPUSD price returns to decline after the slight rise that it witnessed this morning, to keep the bearish trend scenario valid and active for today, depending on the stability below 1.2735$, supported by the negative pressure formed by the EMA50, reminding you that we are waiting to test 1.2566$ as a next main station.

The expected trading range for today is between 1.2600$ support and 1.2750$ resistance

Trend forecast: Bearish