The AUDUSD pair settles below the EMA50, and stochastic provides negative signal now, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which its next target located at 0.7000.

We should note that breaching 0.7135 will stop the expected decline and lead the price to start recovery attempts on the intraday basis.

The expected trading range for today is between 0.7000 support and 0.7150

The expected trend for today: Bearish

Brent oil price keeps providing the positive trades to start testing 65.00 barrier, to keep the positive effect of the inverted head and shoulders’ pattern active, and the price continues to move inside the bullish channel that we are waiting to carry the price to achieve our waited targets at 68.00 followed by 72.65.

Therefore, we are waiting for more rise today conditioned by the price stability above 63.95 and the most important above 63.10.

The expected trading range for today is between 63.10 support and 67.00 resistance.

The expected trend for today: Bullish

Crude oil price managed to confirm breaching 54.50 level, as it closed the daily candlestick above it, to complete forming the inverted head and shoulders’ pattern that its signs appear on the chart, waiting to achieve our positive targets that begin at 57.46 and extend to 65.00.

The EMA50 supports the expected bullish wave, noting that breaking 54.50 followed by 53.70 levels will put the price under negative pressure to test 51.46 areas before any new positive attempt.

The expected trading range for today is between 54.00 support and 57.46 resistance.

The expected trend for today: Bullish

Silver price settles below 15.62 level, and the EMA50 keeps forming the negative pressure against the price, which supports the expectations of continuing the bearish trend in the upcoming sessions, and the way is open to achieve our waited target at 15.22.

We should note that breaching 15.62 – 15.75 levels will stop the expected decline and push the price to visit 16.00 level again before any new attempt to decline.

The expected trading range for today is between 15.40 support and 15.75 resistance.

The expected trend for today: Bearish