Crude oil price settles above the key support base 76.40, getting good positive support by the EMa50, waiting to resume the bullish trend that targets 79.80 as a next main station.
Note that breaking 76.40 followed by 75.60 levels will stop the expected rise and press on the price to test 73.60 areas before any new attempt to rise.
The expected trading range for today is between 75.40 support and 78.50 resistance.
The expected trend for today: Bullish
Silver price provided temporary positive trades yesterday and approached testing the key resistance 23.15, accompanied by witnessing clear negative signals through stochastic, waiting to motivate the price to resume the expected bearish trend on the intraday basis, which its next target located at 22.20.
Therefore, the bearish trend scenario will remain valid and active unless breaching 23.15 and holding above it.
The expected trading range for today is between 22.40 support and 23.15 resistance.
The expected trend for today: Bearish
Gold price recovers well after leaning on 1800.00 barrier, getting good support by the EMA50, waiting for more rise in the upcoming sessions to test 1825.15 mainly, which breaching it represents the key to rally towards 1860.00.
In general, we will continue to suggest the bullish trend on the intraday basis unless breaking 1797.00 and holding below it.
The expected trading range for today is between 1800.00 support and 1830.00 resistance.
The expected trend for today: Bullish
The USDCAD pair declined clearly yesterday to settle below 1.2725 level again, which supports the continuation of our bearish overview efficiently on the intraday basis, which targets 1.2590 level as a next station.
The EMA50 continues to support the suggested bearish wave, which will remain valid conditioned by the price stability below 1.2725 and 1.2760 levels.
The expected trading range for today is between 1.2640 support and 1.2760 resistance.
The expected trend for today: Bearish