Crude oil price shows bullish bias to approach the key resistance 81.60, noticing that the price moves within sideways range between the mentioned resistance and 78.95 support as appears on the chart, to suggest the sideways bias on the intraday basis until the price manages to surpass one of the mentioned levels and detect the next destination clearly.

Note that breaching the resistance will push the price to achieve additional bullish correction that its next target reaches 84.25, while breaking the support will press on the price to decline and achieve negative targets that start at 77.10 and extend to 75.65.

The expected trading range for today is between 79.50 support and 83.00 resistance.

The expected trend for today: Sideways

Silver price rallied upwards clearly yesterday to attempt to approach our first positive target at 24.55, but it declines again to retest the breached resistance that appears on the chart, accompanied by stochastic head towards the oversold areas, waiting to motivate the price to resume the bullish bias and visit 24.55 level as a first main target.

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 23.55 and holding below it.

The expected trading range for today is between 23.55 support and 24.40 resistance.

The expected trend for today: Bullish

Gold price keeps declining to break 1928.00 level and settles below it, to exit the intraday bullish channel and head towards achieving expected decline on the intraday basis, targeting testing the main bullish channel’s support line around 1903.50.

Therefore, the bearish bias will be suggested for today, and breaking 1921.60 will ease the mission of achieving the waited target, taking into consideration that breaching 1931.50 will stop the negative scenario and lead the price to regain the main bullish trend again.

The expected trading range for today is between 1900.00 support and 1935.00 resistance.

The expected trend for today: Bearish

The USDCAD pair succeeded to break 1.3350 level and closed the daily candlestick below it, which supports the continuation of our bearish overview efficiently for the upcoming sessions, opening the way to head towards our next target that reaches 1.3205.

The EMA50 continues to support the suggested bearish wave, which will remain valid unless breaching 1.3350 and holding above it again.

The expected trading range for today is between 1.3260 support and 1.3400 resistance.

The expected trend for today: Bearish