Crude oil price shows positive trades now to approach the key resistance 42.45, and as we mentioned this morning, breaching this level is required to confirm rallying towards 43.75 followed by 44.80 levels that represent our next main targets, to keep our bullish overview in the upcoming sessions unless breaking 40.05 level and holding below it, reminding you that the EMA50 keeps supporting the suggested rise.
The expected trading range for today is between 40.50 support and 43.75 resistance.
The expected trend for today: Bullish
Silver price shows calm positive trades to approach the EMA50, waiting for more rise to visit 25.06 that represents our first positive target, to keep the bullish trend scenario valid and active for today, which its targets extend to 26.00 followed by 26.88 as next main stations, reminding you that holding above 23.60 represents major condition to achieve the suggested targets.
The expected trading range for today is between 23.60 support and 25.00 resistance.
The expected trend for today: Bullish
Gold price shows sideways trading since morning, settling above 1860.90, and as long as the price is above this level, our bullish overview will remain valid for today, reminding you that we need to breach 1875.00 to reinforce the expectations of heading towards our next positive target at 1901.80.
The expected trading range for today is between 1850.00 support and 1890.00 resistance.
The expected trend for today: Overall Bullish
The GBPUSD pair still above the support line that appears on the chart, noticing that stochastic shows overbought signals now, waiting to motivate the price to resume the expected bearish trend for today, and the price needs to break 1.3260 to ease the mission of heading towards our first main waited target at 1.3105, reminding you that it is important to hold below 1.3320 to continue the suggested decline.
The expected trading range for today is between 1.3160 support and 1.3340 resistance.
The expected trend for today: Bearish