Crude oil price attempted to breach 54.60 level, but it keeps its stability below this level now, keeping the bearish trend valid until now, waiting for boucing lower to visit 51.80 level as an initial target.

Stochastic shows negative signals that support the expected decline, taking into consideration that breaching 54.00 and holding avove will stop the expected decline and pushes the price to achieve extra gains that reach to 57.40.

The expected trading range for today is between 52.50 support and 55.50 resistance.

The expected trend for today: Bearish

Silver price keeps its stability below 17.60 level, keeping the negative effect of the previously completed rising wedge pattern active, supported by the EMA50 that meets the mentioned resistance, besides stochast lose to the positive momentum gradually.

Therefore, these factors encourage us to keep preferring the bearish trend in the upcoming sessions, and its next target at 16.96, while achieving it requires holding below 17.60.

The expected trading range for today is between 17.30 support and 17.70 resistance.

The expected trend for today: Bearish

Gold price attempted to break 1485.00 level, but it couldn’t close the daily candlestick belowi it, to remain confined between the confirmation trend levels that are represented y the mentioned support that declines now to 1515.00, therefore, we stay aside until the price succeed to confirm breaching one of these levels.

Reminding you that breaking the mentioned support will put the price underan extra negative correctional pressure that its next targets reach to 1447.00 then 1413.10, while breaching the resistance will lead the price to regain the main bullish trend, and its targets begin by testing 1555.00 level.

The expected trading range for today is between 1470.00 support and 1505.00 resistance.

The expected trend for today: Neutral

The USDCAD pair shows a strong decline in last Friday to surpass our initial target at 1.3240 and settle at 13200, reinforcing the expectations for the continuation of the bearish trend on the intraday basis, waiting for more of the downside moves to visit 1.3155 level that represents our next main target.

Therefore, the bearish trend will remain the dominant in the upcoming sessions unless breaching 1.3295 level and holding above it, pointing that breaking 1.3155 will push the price to 1.3015 on the near term basis.

The expected trading range for today is between 1.3110 support and 1.3295 resistance.

The expected trend for today: Bearish