Crude oil price attempts to breach 81.60 level now, waiting for additional rises to head towards our extended targets that start at 82.70 followed by 84.25, to keep our bullish overview for the rest of the day, supported by the EMA50, noting that the continuation of the bullish wave requires building solid support base above 81.60.

The expected trading range for today is between 80.20 support and 83.00 resistance.

The expected trend for today: Bullish

Silver price faces negative pressure to attack 23.80 level, which urges caution from the upcoming trading, as holding below it will stop the recently suggested positive scenario and push the price to decline towards 23.05 areas before any new positive attempt.

Therefore, we prefer to stay aside until we get clearer signal for the next trend through monitoring the price behavior according to 23.80 level.

The expected trading range for today is between 23.40 support and 24.10 resistance.

The expected trend for today: Neutral

Gold price shows some slight bearish rebound to test the minor bullish channel’s support line that appears on the chart, waiting to rebound bullishly to resume the expected bullish trend for today, which gets continuous support by the EMA50, waiting to visit 1950.00 as a next main station, noting that holding above 1920.35 is important to continue the bullish trend.

The expected trading range for today is between 1915.00 support and 1950.00 resistance.

The expected trend for today: Bullish

The GBPUSD pair faces solid resistance at 1.2440 level to show some slight bearish bias, and it might test the intraday bullish channel’s support line before turning back to rise again.

In general, we will continue to suggest the bullish trend for the upcoming period as long as 1.2340 level remains intact, reminding you that breaching 1.2440 is required to confirm rallying towards 1.2590 as a next main station.

The expected trading range for today is between 1.2380 support and 1.2530 resistance.

The expected trend for today: Bullish