Crude oil price succeeded to achieve our first negative target at 88.20 and presses negatively on it in attempt to break it, to support the chances of extending the bearish wave for the rest of the day and head towards our second suggested target at 86.65, to keep the negative scenario suggested on the intraday basis, taking into consideration that the consolidation of 88.20 level against the current negative pressure will stop the expected decline and lead the price to attempt to rise again.

The expected trading range for today is between 87.00 support and 91.00 resistance.

The expected trend for today: Bearish

Silver price shows additional negative trades to gradually approach our first waited target at 19.00, reinforcing the expectations of continuing the bearish trend for the rest of the day, noting that breaking this level will push the price to 18.60 as a next negative station, while holding below 19.90 represents key condition to continue the expected decline.

The expected trading range for today is between 18.90 support and 19.75 resistance.

The expected trend for today: Bearish

Gold price fluctuates around 1665.00 level since morning, and as long as the price is below 1686.40, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50, reminding you that we need to break 1660.00 to confirm rallying towards 1645.00 followed by 1630.00 as next main stations.

The expected trading range for today is between 1640.00 support and 1680.00 resistance.

The expected trend for today: Bearish

The GBPUSD pair tests 1.1015 level, and stochastic approaches to overlap negatively now, waiting to motivate the price to continue the decline to head towards our next negative target at 1.0845, affected by the head and shoulders’ pattern, to continue suggesting the bearish trend for today unless breaching 1.1186 and holding above it.

The expected trading range for today is between 1.0940 support and 1.1100 resistance.

The expected trend for today: Bearish