The AUDUSD pair attempts now to breach 0.7845 level, which represents required important positive key to push the price towards our waited target at 0.7950.

In general, we will keep our positive expectations for today depending on the stability above 0.7755 level and the support that comes from the EMA50, reminding you that monitoring the price behavior when reaching the targeted level, which represents the main bearish channel’s resistance that appears in the above chart.

Expected trading range for today is between: 0.7710 support and 0.7950 resistance.

Expected trend for today: Bullish

Crude oil price showed some slight bearish bias to test the intraday bullish channel’s support, which located at 51.25, as long as the price above this level, we keep preferring the bullish trend for today, which targets 54.45 levels then goes further towards 60.00.

Stochastic provides a clear positive signal now that reinforces the upside track expectations for today.

Expected trading range for today is between 50.50 support and 54.45 resistance.

Expected trend for today: Bullish

The tight range remains the dominant on silver trading, which remains affected by the negative pressure that comes from the EMA50; therefore, there is no change on our bearish trend expectations for today, which depends on the stability below 17.10 level, while its targets begin by breaking 16.05 level to head towards 14.40.

Expected trading range for today is between: 15.60 support and 17.10 resistance.

Expected trend for today: Bearish

Gold price shows negative trading to begin to test the psychological barrier at 1200.00, to keep our bearish trend expectations efficiently for today, which its main targets located at 118.00, while achieving it requires holding below 1224.00 and the most important below 1238.20.

The EMA50 continues to support the expected bearish wave.

Expected trading range for today is between: 1182.00 support and 1224.00 resistance.

Expected trend for today: Bearish