Silver price soared to breach 23.00 level and settles above it, to stop the recently suggested negative scenario and activate bullish wave that we expect to target 23.70 areas on the near-term basis, noting that holding above 23.00 is important to continue the expected rise and guarantee not falling under the negative pressure again.

Crude oil price succeeded to achieving our first waited targe tat 79.60 and attempts to hold above the bearish channel’s resistance, to support the chances of continuing the rise and head towards our next positive station at 81.20, to keep the bullish trend scenario valid and active for the upcoming period unless breaking 77.86 and holding below it.

Gold price succeeded to achieve our waited positive target at 1962.35 and breached it to close the last four hours’ candlestick above it, paving the way to head to achieve more rise in the upcoming sessions, noting that the next target is located around 1975.00, while breaking 1962.35 and trading below it again will reactivate the correctional bearish scenario that its next target located at 1933.30.

The EURUSD pair rallied upwards sharply to breach 1.0760 level and reach the next correctional level at 1.0860, and the way seems open to achieve more gains that extend to 1.0960 after surpassing the last level, Making the bullish bias expected for the upcoming period, taking into consideration that the consolidation of 1.0860 level against the current bullish rally will push the price to achieve some intraday decline before turning back to rise again.