Crude oil price crawls downwards calmly, waiting to test 75.50$ that represents our next main station, noting that breaking this level will extend the bearish wave and opens the way to rally towards 74.00$ as a next target.

The EMA50 keeps supporting the suggested bearish wave, which will remain valid unless the price rallied to breach 77.24$ and hold above it.

The expected trading range for today is between 74.30$ support and 77.24$ resistance

Trend forecast: Bearish

Silver price fluctuates within sideways track since morning, settling below the bearish channel’s resistance, waiting to break 27.60$ level to confirm opening the way to head towards 27.00$ followed by 26.12$ levels that represent our next main targets, reminding you that the continuation of the bearish wave depends on the price stability below 28.20$ and 28.55$ levels.

The expected trading range for today is between 27.30$ support and 28.20$ resistance.

Trend forecast: Bearish

Gold price is testing the key resistance 2394.00$ now, which represents one of the next trend keys besides 2368.00$ support line, thus, our neutrality will remain valid until now, waiting to surpass one of these levels to detect the next destination clearly, and the contradiction between the technical indicators provide another reason for neutrality.

To review the expected targets after the breach, please check our morning report.

The expected trading range for today is between 2365.00$ support and 2400.00$ resistance.

Trend forecast: Neutral

The GBPUSD price didn’t show any strong move since morning, to remain stable below 1.2880$, thus, no change to the correctional bearish trend scenario, which depends on the price stability below the mentioned level and below 1.2945$, supported by the EMA50, reminding you that our next target reaches 1.2780$.

The expected trading range for today is between 1.2770$ support and 1.2910$ resistance.

Trend forecast: Bearish