The AUDUSD pair shows additional positive trades to attempt to move away from 0.6660, to reinforce the chances of recovering on the intraday basis, but we will continue with our neutrality until we get clearer signal for the next trend through monitoring the price behavior according to the mentioned level.

To review the details of the expected targets for the upcoming period, please check our morning report.

The expected trading range for today is between 0.6610 support and 0.6720 resistance

The expected trend for today: Bearish

Brent oil price trades positively to approach the key resistance 76.80, and as long as the price is below this level, our bearish overview will remain valid and active for today, waiting to visit 74.30 as a next main target.

We remind you that breaching 75.75 will stop the expected decline and push the price to turn to rise.

The expected trading range for today is between 74.00 support and 77.20 resistance.

The expected trend for today: Bearish

Crude oil price shows bullish bias to attempt to breach 71.55 level, which urges caution from the upcoming trading, as breaching this level represents positive factor that will stop the morning report and push the price to bullish wave on the intraday basis.

The price needs to consolidate below 71.55 to confirm resuming the bearish wave that targets 70.00 followed by 68.75 as a next negative station.

The expected trading range for today is between 69.50 support and 72.50 resistance.

The expected trend for today: Bearish

Silver price settles below the intraday bullish channel’s support line, reinforcing the expectations to decline for the rest of the day, supported by moving below the EMA50, waiting to test 23.00 as a next main target, reminding you that the continuation of the bearish wave depends on the price stability below 23.70.

The expected trading range for today is between 23.00 support and 23.90 resistance.

The expected trend for today: Bearish