The EMA50 forms good resistance against the AUDUSD pair’s positive attempts, noticing that stochastic begins to overlap negatively now, which supports the chances of resuming the expected bearish trend for today, which its targets begin by breaking 0.7665 to confirm the beginning of the correctional bearish wave, which its first target located at 0.7625.

Therefore, we will keep our bearish overview conditioned by the price stability below 0.7745.

The expected trading range for today is between 0.7640 support and 0.7760

The expected trend for today: Bearish

Brent oil price hovers around the broken support of the bullish channel and still below it, and as long as the price is below 55.45, our bearish overview will remain valid for today, as the negative effect of the head and shoulders’ pattern still active, waiting to visit 52.20 level as a next negative target.

The expected trading range for today is between 53.00 support and 56.00 resistance.

The expected trend for today: Bearish

Crude oil price trades positively and attempts to surpass 52.30 level, which urges caution from the upcoming trading, as confirming the breach will cancel the morning mentioned negative formation and stop the correctional bearish scenario to push the price tp resume the main bullish trend again, while the price needs to break 51.33 to confirm rallying towards 49.10 as a main negative target.

The expected trading range for today is between 50.50 support and 53.50 resistance.

The expected trend for today: Bearish

Silver price tests 25.50 level and still below it until now, which keeps the bearish trend scenario valid for today, supported by the negative pressure formed by the EMA50, besides stochastic reach to the overbought areas, waiting to rebound bearishly to head towards 22.87 that represents the next negative station.

The expected trading range for today is between 24.40 support and 25.60 resistance.

The expected trend for today: Bearish