Crude oil price retested 61.25 that turns into key support now and keeps its stability above it, to keep the bullish trend scenario valid and active for today, supported by the EMA50 that carries the price from below, depending on the price stability above the mentioned level, reminding you that our waited targets begin at 63.30 and extend to 65.00.
The expected trading range for today is between 60.50 support and 63.30 resistance.
The expected trend for today: Bullish
Silver price continues to decline to approach our waited target at 24.00, to keep our bearish overview that depends on the price stability below 25.50, supported by the negative pressure provided by the EMA50, reminding you that surpassing the mentioned target will push the price to 22.90 as a next main target.
The expected trading range for today is between 24.00 support and 25.00 resistance.
The expected trend for today: Bearish
Gold price trades with strong negativity to break 1700.00 barrier and approaches our first waited target at 1692.00, which support the continuation of our bearish overview efficiently for the rest of the day, reminding you that surpassing the mentioned level will extend the bearish wave to reach 1665.00 as a next main station, while the expected decline will remain valid unless breaching 1720.00 and holding above it.
The expected trading range for today is between 1690.00 support and 1720.00 resistance.
The expected trend for today: Bearish
The GBPUSD pair shows negative trades to support the continuation of the expected bearish trend for today, and the double top pattern continues to press negatively on the price, waiting to target 1.3675 followed by 1.3580 levels as next main stations, while holding below 1.3820 represents key condition to achieve the waited targets.
The expected trading range for today is between 1.3690 support and 1.3860 resistance.
The expected trend for today: Bearish