Crude oil price continues to press on the key support 64.90, noticing that the price closed the daily candlestick above this level, which keeps the chances valid to resume the expected bullish trend for the upcoming period, which its first target located at 67.00.

The EMA50 attempts to protect the suggested positive scenario, noting that breaking 64.90 will put the price under negative pressure that targets testing 62.85 level before any new attempt to rise.

The expected trading range for today is between 63.80 support and 67.00 resistance.

The expected trend for today: Bullish

Silver price attempts to breach the bearish channel’s resistance that appears on the chart, while the EMA50 forms negative pressure to protect the overall negative scenario, as we still keep our bearish overview that targets 14.73 level as a next main station.

On the other hand, we should note that the continuation of the bullish bias and surpassing 15.00 will push the price to test 15.22 before any new attempt to decline.

The expected trading range for today is between 14.70 support and 15.10 resistance.

The expected trend for today: Bearish

Gold price show new retest process to the previously broken neckline of the tripl top pattern at 1282.00, and the price needs to hold below this level to keep the negative effect of this pattern active, waiting to resume the bearish bias and break 1275.30 level to reinforce the expectations of continuing the correctional bearish trend.

Therefore, we will keep our bearish overview unless breaching 1282.00 level and holding above it, reminding you that the waited correctional targets begin at 1253.20 and extend to 1231.10 after surpassing the previous level.

The expected trading range for today is between 1260.00 support and 1290.00 resistance.

The expected trend for today: Bearish

The USDCAD pair shows some slight bearish bias to move below 1.3500 barrier now, but we notice that stochastic got rid of its negative momentum to reach the oversold areas now, which supports the chances of bouncing bullishly to resume the expected bullish trend on the intraday and short term basis, which its next main target located at 1.3700.

The EMA50 supports the expectations to rise, which its continuation conditions holding above 1.3382.

The expected trading range for today is between 1.3400 support and 1.3570 resistance.

The expected trend for today: Bullish