Bitcoin price (BTCUSD) shows negative trades to test the breached resistance of the bullish channel that appears on the chart, and the price needs to consolidate above these areas as a first condition to the continuation of the expected bullish trend for the upcoming period, which targets 78000.00$ as a next main station.
On the other hand, we should note that breaking 75000.00$ followed by 73820.00$ levels will stop the bullish trend and put the price under the correctional bearish pressure.
The expected trading range for today is between 73800.00$ support and 78000.00$ resistance.
Trend forecast: Bullish
Brent oil price shows bearish bias to press on 75.36$ level, which urges caution from the upcoming trading, as the price needs to consolidate above this level as a first condition to the continuation of the bullish trend valid and active for the upcoming period, as breaking it will push the price to turn to decline on the intraday basis to visit 73.90$ mainly, reminding you that the targets of the expected bullish wave for the upcoming period start at 76.84$ and extend to 78.66$ after breaching the previous level.
The expected trading range for today is between 74.60$ support and 77.60$ resistance.
Trend forecast: Bullish
Crude oil price faces negative pressure to move below 72.15$ level, which pushes the price to decline in the upcoming sessions and head to visit 70.58$ before any new positive attempt.
Therefore, it is important to monitor the price according to 72.15$ level, and it needs to trade above it again to revive the positive scenario that its next main target located at 73.71$.
The expected trading range for today is between 71.10$ support and 74.10$ resistance
Trend forecast: Bullish
Silver price shows sideways and tight trades since morning, thus, no change to the expected bearish trend scenario for today, which depends on the price stability below 31.63$ level, reminding you that our targets begin at 30.63$ and extend to 29.64$ after breaking the previous level.
The expected trading range for today is between 30.50$ support and 31.50$ resistance.
Trend forecast: Bearish