The AUDUSD pair provided additional negative trades yesterday to approach our extended target at 0.6420, showing some temporary bullish bias affected by stochastic positivity, while the bearish channel keeps organizing the bearish wave that supports the chances of continuing the decline to head towards achieving more negative targets that reach 0.6350.

Therefore, the bearish trend scenario will remain dominant unless the price rallied to breach 0.6580 and hold above it.

The expected trading range for today is between 0.6400 support and 0.6520 resistance

The expected trend for today: Bearish

Brent oil price provided new strong negative trades yesterday to succeed achieving the extended target at 83.90, showing sideways trades now, waiting to get negative momentum that assists to push the price to resume the bearish wave and head towards more negative stations that we expect to reach 79.90.

Therefore, we will continue to suggest the bearish trend for the upcoming period, noting that breaching 85.90 might push the price to achieve temporary bullish correction before turning back to decline again.

The expected trading range for today is between 82.00 support and 85.90 resistance.

The expected trend for today: Bearish

Crude oil price shows more bearish bias to test 76.00 barrier, fluctuating with slight positivity affected by stochastic positivity, waiting to resume the negative trades to head towards our next main target at 75.00, noting that breaking this level will extend the bearish wave to reach 73.00.

Holding below 80.90 is important to continue the expected decline, as breaching it will push the price to recover and achieve positive targets that start by testing 83.75 and might extend to 88.00 areas before any new attempt to decline.

The expected trading range for today is between 74.30 support and 78.20 resistance.

The expected trend for today: Bearish

Silver price managed to touch our first waited target at 18.35 and finds solid support there, waiting to get negative motive that assists to push the price to surpass this level and head towards our next target that reaches 17.80, as it is affected by the double top pattern that its signs appear on the chart.

Holding below 18.80 is important to continue the expected decline, as breaching it will push the price to start recovery attempts and achieve gains that start at 19.20 and might extend to 19.60.

The expected trading range for today is between 17.90 support and 18.70 resistance.

The expected trend for today: Bearish