Crude oil price confirmed the bullish flag pattern after consolidating above its breached resistance line, which supports the continuation of our bullish overview efficiently for the rest of the day, and the way is open to head towards our first expected target at 82.70, noting that the EMA50 continues to support the bullish wave, which will remain valid unless breaking 79.40 and holding below it.

The expected trading range for today is between 79.60 support and 82.50 resistance.

The expected trend for today: Bullish

Silver price shows new positive trades to test the main bearish channel’s resistance, and we need to monitor the upcoming trades, as holding below this resistance represents major condition to continue the expected bearish trend for today, noting that breaching this resistance at 23.30 will push the price to exit the bearish channel and turn to rise, while the waited negative targets begin at 22.90 and extend to 21.65.

The expected trading range for today is between 22.40 support and 23.30 resistance.

The expected trend for today: Bearish

Gold price returns to test 1797.00 level, which urges caution from the upcoming trading, as the price needs to hold below this level to keep the negative scenario valid for today, which targets 1770.00 level initially, reminding you that breaching 1797.00 will push the price to continue the rise and head towards 1825.15 as a next positive target.

The expected trading range for today is between 1770.00 support and 1800.00 resistance.

The expected trend for today: Bearish

The GBPUSD pair rallies upwards strongly to approach our first waited target at 1.3720, and we expect to breach this level to open the way to head towards our next target that reaches 1.3795, to keep the positive scenario valid and active for the rest of the day conditioned by the price stability above the support base formed above 1.3660.

The expected trading range for today is between 1.3600 support and 1.3760 resistance.

The expected trend for today: Bullish