Crude oil price faced temporary negative pressure but it returns to rise now, in attempt to resume the expected bullish trend for today, which targets visiting 76.95 level as a next main station, reminding you that the continuation of the bullish wave depends on the price stability above 73.30.
The expected trading range for today is between 73.50 support and 76.60 resistance.
The expected trend for today: Bullish
Silver price shows slight bearish bias that hints heading to resume the expected bearish trend for the upcoming period, getting continuous support by the EMA50, besides stochastic loss to the positive momentum, waiting to head towards 21.65 followed by 20.75 levels as next main stations, while the decline will remain valid unless the price rallied to breach 22.90 and hold above it.
The expected trading range for today is between 22.10 support and 23.00 resistance.
The expected trend for today: Bearish
Gold price resumes the bearish bias after the rise that it witnessed in the previous sessions, supported by stochastic and the EMA50 negativity, waiting for more decline for the rest of the day to visit 1735.00 initially, noting that breaking this level will extend the bearish wave to reach 1692.00, while holding below 1770.00 represents key condition to achieve the suggested targets.
The expected trading range for today is between 1735.00 support and 1775.00 resistance.
The expected trend for today: Bearish
The GBPUSD pair trades positively now to move away from 1.3655 level, to support the expectations of continuing the expected bullish trend on the intraday basis, which its next main target located at 1.3845, while achieving it requires holding above 1.3655 and 1.3625.
Note that breaching 1.3750 will ease the mission of achieving more gains in the upcoming sessions.
The expected trading range for today is between 1.3600 support and 1.3770 resistance.
The expected trend for today: Bullish