Crude oil price settles above 71.05, getting positive support by the EMA50, waiting to resume the bullish trend that targets 73.30 initially, reminding you that breaching this level will push the price to 75.00 as a next target.

Note that breaking 71.05 and holding below it will stop the expected rise and press on the price to return to the correctional bearish track again.

The expected trading range for today is between 70.50 support and 73.30 resistance.

The expected trend for today: Bullish

Silver price managed to break the bearish flag’s support line and settles below it now, to get negative motive that we expect to push the price to continue the expected decline on the intraday and short term basis, waiting to test 24.95 initially, noting that breaking this level will open the way to extend the bearish wave towards 23.76.

Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 25.65.

The expected trading range for today is between 24.70 support and 25.65 resistance.

The expected trend for today: Bearish

Gold price finds difficulty to break 1797.00 level, to test the EMA50 again, which forms continuous negative pressure on the price, waiting to resume the negative trades to break the mentioned level and open the way to head towards 1770.00.

Therefore, the bearish trend scenario will remain valid and active, noting that breaching 1825.15 will stop the expected decline and lead the price to turn to rise.

The expected trading range for today is between 1775.00 support and 1820.00 resistance.

The expected trend for today: Bearish

The USDCAD pair is confined within tight track around the EMA50, thus, no change to the bearish trend scenario that depends on the price stability below 1.2650, while the main expected target is located at the bullish channel’s support line at 1.2510.

The expected trading range for today is between 1.2510 support and 1.2640 resistance.

The expected trend for today: Bearish