Crude oil price breached 73.70$ level clearly and closed the last daily candlestick above it, reinforcing the expectations of continuing the domination of the bullish trend on the intraday and short-term basis, opening the way to head towards 75.65$ that represents our next main target.

The EMA50 keeps supporting the price from below to reinforce the expectations of continuing the bullish trend, noting that breaking 73.70$ will stop the bullish wave and push the price to decline towards 72.15$ areas mainly.

The expected trading range for today is between 72.65$ support and 75.65$ resistance

Trend forecast: Bullish

Silver price keeps fluctuating around 29.63$ level, keeping its consolidation below it until now, waiting to resume the expected bearish trend for the upcoming period, reminding you that the main expected target is located at 28.40$.

Stochastic shows negative signals that support the chances of achieving the suggested target, while breaching 29.63$ will stop the bearish wave and push the price to recover and achieve gains that start by testing 30.63$ areas.

The expected trading range for today is between 29.10$ support and 29.90$ resistance.

Trend forecast: Bearish

Gold price faces temporary negative pressure to retest the breached neckline of the double top pattern at 2640.00$, and the EMA50 meets this support to add more strength to it, accompanied by witnessing clear positive signal through stochastic.

Therefore, these factors encourage us to suggest the bullish rebound in the upcoming sessions to resume the expected bullish trend on the intraday basis, which its next main target located at 2700.00$, taking into consideration that breaking 2640.00$ will put the price under additional negative pressure to head towards starting bearish wave that targets 2600.00$ as a first negative station.

The expected trading range for today is between 2625.00$ support and 2660.00$ resistance.

Trend forecast: Bullish

The USDCAD price provided clear positive trades in the previous sessions to test the key resistance 1.4467$, noticing that the price bounced downwards quickly to keep the correctional bearish scenario valid for the upcoming period, waiting to break 1.4350$ to confirm opening the way to visit 1.4220$ as a main expected target.

Stochastic provides clear negative signals now that support the chances of continuing the decline in the upcoming sessions, noting that breaching 1.4467$ will stop the suggested bearish correction and lead the price to continue the medium-term rise.

The expected trading range for today is between 1.4330$ support and 1.4460$ resistance

Trend forecast: Bearish