Crude oil price achieved initial break to 104.60 level and attempts to hold below it, which supports the continuation of our bearish overview efficiently for the rest of the day, reminding you that our next targets begin at 101.50 and extend to 98.95, while the price needs to consolidate below 104.60 to achieve these targets.

The expected trading range for today is between 102.00 support and 107.50 resistance.

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The expected trend for today: Bearish

Silver price shows additional negative trades to gradually approach our first waited target at 20.95, waiting for more decline in the upcoming sessions and head towards 20.50, to continue suggesting the bearish trend on the intraday basis that depends on the price stability below 21.85 and 22.00 levels, noting that the EMA50 supports the suggested bearish wave.

The expected trading range for today is between 21.00 support and 21.70 resistance.

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The expected trend for today: Bearish

Gold price crawls downwards to move away from 1830.00, reinforcing the expectations of continuing the bearish trend for the rest of the day, and the way is open to achieve our negative targets that start at 1810.00 and extend to 1780.25, reminding you that it is important to hold below 1838.10 and 1850.00 to continue the expected decline.

The expected trading range for today is between 1800.00 support and 1840.00 resistance.

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The expected trend for today: Bearish

The GBPUSD pair faces negative pressure to test 1.2205 and attempts to break it, which urges caution from the upcoming trading, as continuing the negative pressure and breaking this level will push the price to turn to decline and head towards 1.2077 mainly, while consolidating above it is required to resume the bullish trend that targets 1.2320 followed by 1.2490 levels as next main stations.

The expected trading range for today is between 1.2160 support and 1.2330 resistance.

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The expected trend for today: Bullish