Crude oil price shows calm positive trades in attempt to resume the expected bullish trend on the intraday and short term basis, supported by the positive signal provided now by stochastic, besides the EMA50 that carries the price from below, which supports the chances of continuing the rise to breach 64.90 followed by opening the way to head towards 67.00 that represents our next main target.

Therefore, we are waiting for more bullish bias in the upcoming sessions conditioned by the price stability above 63.55.

The expected trading range for today is between 63.00 support and 66.00 resistance.

The expected trend for today: Bullish

Silver price settles near the bearish channel’s resistance line, and the EMA50 keeps pressing negatively on the price to protect trading inside this channel, which supports the continuation of the expected bearish trend scenario on the intraday and short term basis, which targets 14.73 level as a next station.

Holding below 15.22 is important to continue the expected decline, as breaching it will push the price to achieve intraday gains that begin at 15.60.

The expected trading range for today is between 14.73 support and 15.15 resistance.

The expected trend for today: Bearish

Gold price continues to fluctuate around 1275.30 level, and the negative effect of the triple top still active, thus, our bearish overview will remain valid for the upcoming period, supported by the negative pressure formed by the EMA50, waiting to target 1253.20 followed by 1231.13 levels mainly.

We remind you that the continuation of the expected bearish trend depends on the price stability below 1275.30 and 1282.00 levels.

The expected trading range for today is between 1253.20 support and 1282.00 resistance.

The expected trend for today: Bearish

The USDCAD pair showed new test to 1.3382 level and kept its stability below it, to keep the bearish trend scenario valid for the upcoming period, supported by the negative signal provided by stochastic, waiting to head towards 1.3245 followed by 1.3128 levels mainly.

We should note that breaching 1.3382 and holding above it will push the price to turn to rise and achieve positive targets that begin at 1.3500.

The expected trading range for today is between 1.3260 support and 1.3420 resistance.

The expected trend for today: Bearish