Bitcoin price (BTCUSD) achieved initial breach to the bullish flag’s resistance line and closed the last four hours’ candlestick above it, reinforcing the expectations of continuing the bullish trend efficiently for the rest of the day, waiting to visit 100000.00$ followed by 106000.00$ levels that represent our next main targets, reminding you that the continuation of the bullish wave conditions the price stability above 95820.00$.
The expected trading range for today is between 96000.00$ support and 101000.00$ resistance.
Trend forecast: Bullish
Brent oil price provided more bearish bias, noticing that the price attempts to recover now, waiting to resume the expected bullish trend for the upcoming period, which its targets begin by breaching 75.36$ to open the way to head towards 76.84$ as a next positive station, reminding you that the continuation of the bullish wave depends on the price stability above 73.90$.
The expected trading range for today is between 73.90$ support and 76.70$ resistance.
Trend forecast: Bullish
Crude oil price tested 70.58$ level and keeps its stability above it until now, to keep the bullish trend scenario active for today, which its targets begin by testing 72.15$ level, reminding you that breaking 70.58$ will put the price under additional negative pressure and head towards 69.70$ followed by 68.65$ levels as main negative stations.
The expected trading range for today is between 69.70$ support and 72.70$ resistance
Trend forecast: Bullish
Silver price provided additional negative trades to test the key support 30.63$, noticing that the price still consolidated above this level, to keep our bullish overview that depends on the price stability above the mentioned level, reminding you that our first target is located at 31.63$, noting that stochastic gains the positive momentum clearly to reinforce the chances of resuming the expected rise for today.
The expected trading range for today is between 30.65$ support and 31.50$ resistance.
Trend forecast: Bullish