Crude oil price shows more bullish bias to approach testing 70.58$ level, and as we mentioned this morning, this level represents the first protection factor to the continuation of the expected negative scenario for today, which its targets begin by breaking 68.65$ to confirm extending the bearish wave towards 67.00$, reminding you that we depend on the negative effect of the double top pattern to continue suggesting the bearish trend for the upcoming period.

The expected trading range for today is between 67.75$ support and 70.75$ resistance

Trend forecast: Bearish

Silver price attempts to surpass 34.00$ barrier, to support the continuation of the expected bullish trend on the intraday and short-term basis, which targets 34.55$ as a next station.

Stochastic current negativity might slow down the bullish wave and cause some temporary sideways fluctuation before resuming the expected rise, which will remain valid unless breaking 33.30$ and holding below it.

The expected trading range for today is between 33.70$ support and 34.55$ resistance.

Trend forecast: Bullish

Gold price provides more positive trades, reinforcing the expectations of continuing the domination of the bullish trend for the rest of the day, waiting to test 2745.00$ level as a next target, reminding you that the next station reaches 2765.00$ after surpassing the previous level.

The EMA50 keeps supporting the suggested bullish wave, which will remain valid unless breaking 2700.00$ and holding below it.

The expected trading range for today is between 2715.00$ support and 2750.00$ resistance.

Trend forecast: Bullish

The GBPUSD price trades negatively to approach 1.3000$ level, waiting to break this level to reinforce the expectations of continuing the domination of the correctional bearish trend, which its next target reaches 1.2866$.

Therefore, the bearish trend will remain valid and active unless breaching 1.3060$ and holding above it.

The expected trading range for today is between 1.2970$ support and 1.3110$ resistance

Trend forecast: Bearish