The AUDUSD pair faced strong negative pressure to break 0.6980 level to approach 0.6910 level, to hint heading to turn to decline, noting that breaking the last level will push the price to achieve more decline and stop the recent bullish correction, while breaching 0.6980 represents the key to resume the bullish wave again.

Therefore, we prefer to stay aside until the price confirms breaking 0.6910 support or breaching 0.6980 resistance to detect its next destination clearly.

The expected trading range for today is between 0.6870 support and 0.7000 resistance

The expected trend for today: Neutral

Brent oil price resumes its negative trades to press on 102.25 level, waiting to break this level to confirm rallying towards our next negative target at 99.25, supported by the negative pressure formed by the EMA50, to keep our bearish overview unless breaching 104.30 and holding above it.

The expected trading range for today is between 100.00 support and 105.00 resistance.

The expected trend for today: Bearish

Crude oil price tests the bearish channel’s resistance and keeps its stability below it, to start declining now and attempts to move away from this resistance, to keep the bearish trend scenario active for today, which its next target located at 89.60, while holding below 93.50 represents key condition to achieve it.

The expected trading range for today is between 89.60 support and 94.50 resistance.

The expected trend for today: Bearish

Silver price shows sideways trades since morning, and stochastic continues to gather the positive momentum, waiting to resume the bullish wave that its next target located at 21.00, noting that the EMA50 continues to support the expected rise, while the positive scenario will remain valid unless breaking 19.60 and holding below it.

The expected trading range for today is between 19.90 support and 20.70 resistance.

The expected trend for today: Bullish