The AUDUSD pair resumes its positive trading to approach our waited target at 0.7050, noting htat breaching this level will push the price to achieve additional gains that reach 0.7140, to continue suggesting the bearish trend for the upcoming period conditioned by the price stability above 0.6980 and the most important above 0.6910.

The expected trading range for today is between 0.6940 support and 0.7050 resistance

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The expected trend for today: Bullish

Brent oil price shows additional negative trades to approach the key support 106.10, and as we mentioned this morning, breaking this level is required to reinforce the expectations of continuing the bearish trend that targets 104.45 followed by 102.25 levels as next negative stations, to keep the bearish trend scenario active unless the price rallied to breach 109.60 and hold above it.

The expected trading range for today is between 104.00 support and 109.55 resistance.

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The expected trend for today: Bearish

Crude oil price trades with clear negativity now to break 96.05 level and attempts to hold below it, which supports the continuation of the expected bearish trend scenario efficiently for the upcoming period, opening the way to head towards our negative targets that start at 92.45 and extend to 89.60, taking into consideration that the continuation of the bearish wave depends on the price stability below 98.25.

The expected trading range for today is between 93.00 support and 98.25 resistance.

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The expected trend for today: Bearish

Silver price shows bullish bias now to approach 20.50 level, and we expect the continuation of the bullish bias to breach this level and extend the bullish wave towards 21.00, to keep the bullish trend valid and active unless breaking 20.00 followed by 19.60 levels and holding below them.

The expected trading range for today is between 19.80 support and 20.60 resistance.

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The expected trend for today: Bullish