Bitcoin price (BTCUSD) continues to fluctuate near 87025.00$ level and keeps its stability above it, and stochastic approaches to overlap positively, waiting to motivate the price to resume the main bullish trend that targets 94000.00$ as a next main station.
On the other hand, we remind you that breaking 87025.00$ will put the price under additional correctional bearish pressure that its next target located at 83165.00$.
The expected trading range for today is between 86000.00$ support and 93000.00$ resistance.
Trend forecast: Bullish
Read more: 5 Best Platforms to Discover Promising Crypto for Investing – Beginner Trader’s Guide
Brent oil price achieved initial break to 72.06$ level and attempts to hold below it, which supports the expectations of continuing the bearish trend on the intraday basis, paving the way to head towards our next negative target at 70.65$, to keep the negative scenario valid and active for the upcoming period conditioned by the price stability below 72.06$ and the most important below 72.75$.
The expected trading range for today is between 70.50$ support and 73.50$ resistance.
Trend forecast: Bearish
Crude oil price resumes its negative trading to move away from 68.64$ level and reinforce the expectations of continuing the domination of the bearish trend in the upcoming sessions, and the way is open to achieve our next negative targets that start at 67.00$ and extend to 65.50$.
The EMA50 keeps supporting the suggested bearish wave, which will remain valid unless breaching 68.64$ followed 69.00$ level and holding above them.
The expected trading range for today is between 66.50$ support and 69.50$ resistance
Trend forecast: Bearish
Silver price shows slight bearish bias in attempt to move away from 30.63$ level, motivated by stochastic negativity that appears now on the four hours’ time frame, waiting to visit 29.63$ as a next main target, noting that the continuation of the expected decline requires holding below 30.63$, as breaching it will lead the price to recover and achieve new gains that reach 31.63$.
The expected trading range for today is between 29.70$ support and 30.80$ resistance.
Trend forecast: Bearish