Crude oil price succeeded to achieve the second target at 76.65 and presses negatively on it now, reinforcing the chances of extending the bearish wave on the intraday basis, on its way to visit 74.50 as a next main target.

Therefore, we expect to witness more decline in the upcoming sessions, and breaking 76.10 will ease the mission of achieving the extended target, while failing to consolidate below 76.65 might push the price to start recovery attempts and regain the main bullish trend again.

The expected trading range for today is between 75.00 support and 77.80 resistance.

The expected trend for today: Bearish

Silver price faces solid support at 22.30, to show temporary positive trades, noticing that stochastic shows clear overbought signals now, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which targets 21.65 as a first station.

Breaking 22.30 is required to confirm rallying towards the waited negative targets, while holding below 22.90 represents key condition to continue the expected decline.

The expected trading range for today is between 22.00 support and 22.70 resistance.

The expected trend for today: Bearish

Gold price begins today negatively, affected by the negative signals provided by stochastic, and we believe that the way is open to achieve more decline in the upcoming sessions, waiting to visit 1735.00 mainly, noting that breaking this level will extend the bearish wave to reach 1692.00.

Therefore, we will continue to suggest the bearish trend on the intraday basis as long as 1770.00 level remains intact, noting that breaking 1750.00 is required to ease the mission of achieving the waited negative targets.

The expected trading range for today is between 1735.00 support and 1770.00 resistance.

The expected trend for today: Bearish

The USDCAD pair provided positive trades yesterday to approach 1.2665 level, but the EMA50 formed strong negative pressure that forced the price to decline again and hold below 1.2600, which keeps the bearish trend scenario valid and active for the upcoming period, waiting to visit 1.2495 mainly.

Note that the continuation of the suggested bearish wave depends on the price stability below 1.2665.

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

The expected trend for today: Bearish