Crude oil price shows bullish bias to attempt to breach 71.55 level, which urges caution from the upcoming trading, as breaching this level represents positive factor that will stop the morning report and push the price to bullish wave on the intraday basis.

The price needs to consolidate below 71.55 to confirm resuming the bearish wave that targets 70.00 followed by 68.75 as a next negative station.

The expected trading range for today is between 69.50 support and 72.50 resistance.

The expected trend for today: Bearish

Silver price settles below the intraday bullish channel’s support line, reinforcing the expectations to decline for the rest of the day, supported by moving below the EMA50, waiting to test 23.00 as a next main target, reminding you that the continuation of the bearish wave depends on the price stability below 23.70.

The expected trading range for today is between 23.00 support and 23.90 resistance.

The expected trend for today: Bearish

Gold prices shows negative trades to test the main bullish channel’s support line, waiting for more decline to surpass this support and visit 1945.20 as a first main station, reminding you that breaking this level will extend the bearish wave to reach 1913.15 level.

Stochastic negativity supports the suggested bearish wave, which will remain valid unless breaching 1977.25 and holding above it.

The expected trading range for today is between 1940.00 support and 1977.00 resistance.

The expected trend for today: Bearish

The GBPUSD pair shows negative trades now in attempt to resume the expected bearish trend for today, reinforcing the expectations of continuing the bearish trend for today, which targets 1.2345 as a first station, noting that surpassing this level will extend the bearish wave to reach 1.2240.

The EMA50 supports the expected decline, which will remain valid conditioned by the price stability below 1.2470.

The expected trading range for today is between 1.2330 support and 1.2480 resistance.

The expected trend for today: Bearish