The AUDUSD pair shows bullish bias to surpass 0.7615 level, but it faces resistance formed by the broken support line that appears on the chart, accompanied by witnessing negative signals provided by stochastic now, while the EMA50 continues to press negatively on the price.

Therefore, these factors encourage us to continue suggesting the bearish trend for the upcoming period, which its next target located at 0.7500, noting that breaching 0.7650 will push the price to achieve additional gains that reach 0.7765.

The expected trading range for today is between 0.7560 support and 0.7670 resistance

The expected trend for today: Bearish

Brent oil price shows clear negative trades now after the strong bullish rally that it witnessed in the previous sessions, and attempts to return to the intraday bearish channel, affected by stochastic negativity, to head towards potential return to the correctional bearish scenario, but it needs to break 63.70 followed by 62.94 levels to confirm the continuation of the decline, as consolidating above the first level represents the key to resume the main bullish track.

Therefore, we prefer to stay neutral until we get clearer signal for the next trend, noting that breaking 63.70 followed by 62.94 levels will press on the price to continue the decline and head towards 60.40 followed by 57.75 levels as main negative stations, while breaching 64.85 represents positive factor that will lead the price to regain the main bullish trend and achieve gains that start at 66.40.

The expected trading range for today is between 62.00 support and 65.20 resistance.

The expected trend for today: Neutral

Crude oil price opens today’s trading with strong negativity to start pressing on 59.85 level, which hints the price head to return to the correctional bearish track, but we prefer staying aside until we get clearer signal for the next trend, which we will get through breaking the mentioned support or breaching 61.25 resistance.

Note that breaking 59.85 will press on the price to continue the decline and head towards 57.45 followed by 54.85 levels as main negative targets, while breaching 61.25 represents the key to rally to regain the main bullish trend and achieve gains that start at 64.65.

The expected trading range for today is between 58.50 support and 61.50 resistance.

The expected trend for today: Neutral

Silver price trades with calm negativity to move away gradually from 25.00 barrier, which support the continuation of our bearish overview, supported by the negative pressure formed by the EMA50, noticing that the price moves inside bearish channel that supports the chances of heading towards our negative targets that reach 24.00 on the near term basis.

Therefore, the bearish trend scenario will remain valid and active for the upcoming period unless breaching 25.50 and holding above it.

The expected trading range for today is between 24.30 support and 25.20 resistance.

The expected trend for today: Bearish