The AUDUSD pair opens today with bearish bias to press on 0.7405 level, which urges caution from the upcoming trading, as breaking this level will press on the price to test the most important support at 0.7360 before resuming the bullish trend again.

Until now, the bullish trend scenario still active unless breaking 0.7360 and holding below it, supported by the EMA50 that continues to carry the price from below, reminding you that our next target is located at 0.7478.

The expected trading range for today is between 0.7370 support and 0.7460 resistance

The expected trend for today: Bullish

Brent oil price begins today with new bullish rally to touch our waited target at 85.40 and attempts to breach it, and the way seems open to achieve more gains on the longer term basis, noting that the next station is represented by the bullish channel’s resistance at 86.15.

Holding above 84.65 is important to continue the current bullish wave, and breaching the targeted level will push the price to visiti 88.00 areas as a next main station.

The expected trading range for today is between 84.00 support and 86.80 resistance.

The expected trend for today: Bullish

Crude oil price opened today’s trading with strong rise to surpass our extended target at 83.00 and opens the way to achieve more gains on the short term and medium term basis, facing key resistance now at 83.95, noting that breaching this level will extend the bullish wave to reach 86.00 followed by 87.00 levels.

Note that the continuation of the bullish wave requires holding above 82.70, as breaking this level will press on the price to start intraday bearish correction that targets testing 82.10 and might extend to 81.10 before any new attempt to rise.

The expected trading range for today is between 82.20 support and 85.00 resistance.

The expected trend for today: Bullish

Silver price retested 23.15 level and kept its stability above it, noticing that stochastic got rid of its negativity and begins to overlap positively now, expecting to motivate the price to resume the expected bullish trend on the intraday basis, which targets 24.20 initially.

Therefore, the positive scenario will remain suggested for the upcoming period unless breaking 23.15 and holding below it.

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

The expected trend for today: Bullish