Crude oil price fluctuates within tight and sideways range since morning, and as long as the price is above 77.86, our bullish overview will remain valid and active for today, supported by the EMA50 that reinforces the chances of achieving more gains in the upcoming period, reminding you that our expected targets start at 79.15 followed by 80.00.

The expected trading range for today is between 77.30 support and 80.30 resistance

The expected trend for today: Bullish

Silver price attempts to surpass 23.00 level and trades above it again, reinforcing the expectations of continuing the bullish trend for the rest of the day, motivated by stochastic positivity that appears on the four hours’ time frame, reminding you that we are waiting to visit 23.70 as a next main target.

On the other hand, we should note that the stability below 23.00 will hint the weakness of the positive momentum to turn to decline and build bearish wave that targets 22.25 areas initially.

The expected trading range for today is between 22.70 support and 23.40 resistance.

The expected trend for today: Bullish

Gold price trades with slight positivity now, noticing that stochastic overlaps positively to support the chances of continuing the bullish bias in the upcoming sessions, to keep the bullish trend suggested on the intraday basis, waiting to visit 2065.70 as a next main target.

Moving above the EMA50 supports the expected bullish wave, which will remain valid conditioned by the price stability of the daily close above 2016.90.

The expected trading range for today is between 2005.00 support and 2035.00 resistance.

The expected trend for today: Bullish

The GBPUSD pair didn’t show any strong move since morning, to fluctuate below 1.2600 level, thus, no change to the expected bearish trend scenario for today, which depends on the price stability below 1.2650, supported by the negative pressure formed by the EMA50, reminding you that our targets begin at 1.2540 and extend to 1.2450 after breaking the previous level.

The expected trading range for today is between 1.2500 support and 1.2650 resistance.

The expected trend for today: Bearish