The AUDUSD pair returns to fluctuate around the EMA50, noticing that the price gathers the positive momentum clearly, waiting to resume the bullish bias that targets testing 0.6767 level initially, reminding you that breaching this level will extend the bullish wave to reach 0.6840.

In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.6650 and holding below it.

The expected trading range for today is between 0.6650 support and 0.6780 resistance

The expected trend for today: Bullish

Brent oil price ended yesterday with clear negativity to break 85.70 level, but it begins to build new bullish wave today, to hint heading to achieve more expected bullish correction in the upcoming sessions, and the price needs to surpass 85.70 followed by 86.20 levels to confirm opening the way to achieve additional gains that reach 87.25 followed by 88.65.

Therefore, we expect to witness positive trades in the upcoming sessions conditioned by the price stability above 84.60.

The expected trading range for today is between 84.00 support and 87.50 resistance.

The expected trend for today: Bullish

Crude oil price keeps its stability above 78.20 level, and by taking a deeper look at the chart, we find that the price forms inverted head and shoulders’ pattern, its confirmation line located at 79.50, thus, breaching this level will push the price to achieve additional gains that surpass our waited target at 81.00 to reach 83.25.

Therefore, the bullish trend scenario will remain suggested for the upcoming period, noting that breaking 78.20 will cancel the suggested positive formation and stop the bullish trend to turn to decline.

The expected trading range for today is between 77.50 support and 81.20 resistance.

The expected trend for today: Bullish

Silver price continues to fluctuate around 21.30 level and finds solid resistance there, waiting to gather enough positive momentum to push the price to surpass this level followed by rallying towards our positive targets that start at 22.00 followed by 22.24.

Therefore, the bullish trend scenario will remain valid for the upcoming period, taking into consideration that the consolidation of 21.30 level against the positive attempts and declining to break 20.72 will stop the expected and press on the price to turn to decline.

The expected trading range for today is between 20.90 support and 21.80 resistance.

The expected trend for today: Bullish