Crude oil price managed to break 65.67 level to succeed reaching our waited negative target at 64.00, and we expect the continuation of the bearish bias in the upcoming sessions to surpass this level and open the way to head towards 62.40 as a next main station.

Therefore, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50, noting that holding below 65.67 represents the first condition to continue the suggested decline.

The expected trading range for today is between 63.50 support and 65.50 resistance.

The expected trend for today: Bearish

Silver price shows new positive trades to support the continuation of the expected bullish trend for today, affected by the inverted head and shoulders’ pattern that its signs appear on the chart, waiting to test 23.05 as a next positive station, reminding you that breaching it will push the price to 24.00 as a next target.

On the other hand, we should note that breaking 22.13 will press on the price to turn to decline and visit 21.40 initially.

The expected trading range for today is between 21.90 support and 22.65 resistance.

The expected trend for today: Bullish

Gold price achieved new strong rises to surpass our waited target at 1960.00 and approach the psychological barrier at 2000.00$, which supports the continuation of the bullish trend on the intraday and short term basis, noting that surpassing the mentioned barrier will push the price to head towards 2040.00 areas as a next main station.

The EMA50 provides continuous positive support to the price, while stochastic negativity might cause some temporary bearish bias before resuming the bullish bias.

In general, we suggest the continuation of the overall bullish trend domination, and the price needs to hold above 1960.00 as a first condition to continue the expected rise, as breaking it will press on the price to achieve some intraday bearish correction before turning back to rise again.

The expected trading range for today is between 1960.00 support and 2000.00 resistance.

The expected trend for today: Bullish

The GBPUSD pair shows calm positive trades to continue fluctuate near 1.2200 barrier, and the bullish trend still active depending on the price stability above 1.2060, reminding you that our next target is located at 1.2260.

Stochastic negativity interprets the reasons of the current weak fluctuation, waiting to get positive momentum that assists to push the price to resume the bullish wave and achieve additional gains that extend to 1.2440 after surpassing the first target.

The expected trading range for today is between 1.2110 support and 1.2270 resistance.

The expected trend for today: Bullish