The AUDUSD pair shows sideways trades since yesterday, keeping its stability above 0.6767, while stochastic gains the positive momentum gradually, to keep the bullish trend scenario active for today, waiting to head towards 0.6900 as a next positive station.

In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.6767 and holding below it.

The expected trading range for today is between 0.6760 support and 0.6890 resistance

The expected trend for today: Bullish

Brent oil price succeeded to achieve our extended target at 88.67 and found solid resistance there, to rebound bearishly and test the EMA50 now, noticing that stochastic got rid of its negative momentum to reach the oversold areas, waiting to motivate the price to resume the correctional bullish wave, which its targets begin by surpassing the mentioned level to open the way to head towards 91.06 as a next positive target.

On the other hand, we should note that breaking 85.70 will stop the expected rise and push the price back to the main bearish track again.

The expected trading range for today is between 85.70 support and 89.50 resistance.

The expected trend for today: Bullish

Crude oil price bounced bearishly after touching 83.27 level, to test the support base formed above 81.00 after breaching it previously, and the price needs to consolidate above this level to keep the correctional bullish trend scenario active, waiting to breach 83.27 to open the way to head towards 85.55 as a next station.

Stochastic gains the positive momentum gradually, to support the expectations of rising in the upcoming sessions, noting that breaking 83.27 will stop the positive scenario and press on the price to decline towards 79.50 areas initially.

The expected trading range for today is between 80.00 support and 83.27 resistance.

The expected trend for today: Bullish

Silver price rallied upwards strongly to surpass 22.24 level and approach our extended target at 22.86, getting continuous positive support by the EMA50, waiting for more rise in the upcoming sessions, noting that breaching the targeted level will extend the bullish wave to reach 23.35 followed by 23.65 areas.

The price might be forced for some sideways fluctuation affected by stochastic negativity before resuming the expected rise, noting that it is important to hold above 22.24 to continue the bullish trend.

The expected trading range for today is between 22.20 support and 23.20 resistance.

The expected trend for today: Bullish