Crude oil price shows more bullish bias and attempts to return to the bullish channel, to reinforce the chances of continuing the bullish trend and achieve more gains in the upcoming sessions, waiting to test 78.75 initially, noting that breaching it will push the price towards 80.00 as a next main station.

The EMA50 supports the suggested bullish wave, noting that breaking 77.00 will stop the expected rise and push the price to achieve additional bearish correction that its next target reaches 75.95.

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

The expected trend for today: Bullish

Silver price faced strong negative pressure yesterday, to break 23.00 level and settles below it, noticing that it completed forming double top pattern that we expect to push the price to achieve more decline in the upcoming sessions, to head towards visiting 22.25 mainly.

Therefore, the bearish bias will be suggested for today, taking into consideration that breaching 23.00 will stop the current negative pressure and lead the price to recover again.

The expected trading range for today is between 22.30 support and 23.20 resistance.

The expected trend for today: Bearish

Gold price tested the EMA50 and bounced bullishly from there, noticing that stochastic overlaps positively now, to provide positive motive that we are waiting to assist to push the price to resume the expected bullish trend on the intraday basis, which targets 2065.70 as a next station.

Therefore, we will continue to suggest the bullish trend for the upcoming period, reminding you that breaking 2016.90 will put the price under the correctional bearish pressure again, to head towards visiting 1977.46 areas mainly.

The expected trading range for today is between 2015.00 support and 2045.00 resistance.

The expected trend for today: Bullish

The USDCAD pair is facing additional negative pressure by today’s open to break 1.3500 level and reach the bullish channel’s support line, and the price needs to consolidate above this support -located now at 1.3475- to keep the main bullish trend valid, noting that the next target of the bullish wave is located at 1.3600.

On the other hand, we should note that the continuation of the decline and breaking 1.3470 will push the price to start bearish correction that its targets begin by testing 1.3430.

The expected trading range for today is between 1.3430 support and 1.3560 resistance.

The expected trend for today: Bullish