Crude oil price shows some bearish bias to test the key support 77.25, and as we mentioned this morning, the price needs to hold above this level to keep the bullish trend scenario active for today, which its targets begin by breaching 77.86 to confirm extending the bullish wave towards 79.60 followed by 81.20.
Note that breaking 77.25 will put the price under negative pressure that targets testing 75.85 as a first negative station.
The expected trading range for today is between 76.50 support and 79.50 resistance.
The expected trend for today: Bullish
Silver price fluctuates at 23.70 level and still stable below it, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the expected bearish trend for today, which its next main target located at 23.00, while achieving it requires holding below 23.70.
The expected trading range for today is between 23.20 support and 24.00 resistance.
The expected trend for today: Bearish
Gold price settles around 1990.00 level since morning, waiting to gather new positive momentum that supports the chances of continuing the expected bullish trend for today, which targets 2000.00 followed by 2009.30 as next main stations.
The bullish channel organizes the suggested bullish wave, which will remain valid conditioned by the price stability above 1971.00 and the most important above 1962.35.
The expected trading range for today is between 1980.00 support and 2005.00 resistance.
The expected trend for today: Bullish
The GBPUSD pair crawls upwards and attempts to approach our waited target at 1.2590, reminding you that the positive pattern supports the chances of surpassing this level to pave the way to achieve additional gains that reach 1.2720.
In general, the bullish trend scenario will remain valid for the upcoming period unless breaking 1.2460 and 1.2430 levels and holding below them.
The expected trading range for today is between 1.2480 support and 1.2620 resistance.
The expected trend for today: Bullish