The AUDUSD pair provided clear negative trades yesterday to test the bullish channel’s support line, and begins to rebound bullishly now, and according to the trading rules inside the channels, the price is on its way to achieve more rise that its targets begin by testing 0.7275.

Therefore, the bullish bias will be expected for today unless breaking 0.7185 and holding below it.

The expected trading range for today is between 0.7170 support and 0.7270 resistance

The expected trend for today: Bullish

Brent oil price rises again after pressing on 77.70 level yesterday, to surpass 79.00 barrier now, which supports our expectations of continuing the bullish trend, and the way is open to visit 80.80 level as a next main target.

The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 77.70.

The expected trading range for today is between 78.00 support and 80.80 resistance.

The expected trend for today: Bullish

Crude oil price tested the bullish flag’s resistance that declines now to 76.40, reminding you that breaching this level will form strong positive motive that supports the expectations of continuing the main bullish trend.

Therefore, we will continue to suggest the bullish trend on the intraday and short term basis conditioned by the price stability above 74.85, reminding you that our next main target reaches 79.80.

The expected trading range for today is between 75.00 support and 78.00 resistance.

The expected trend for today: Bullish

Silver price broke the bullish channel’s support line and settled below it, to turn to decline on the intraday basis, on its way to visit 22.20 followed by 22.00 levels initially.

Therefore, the bearish bias will be suggested for today, noting that breaching 23.15 will stop the current negative pressure and lead the price to recover again.

The expected trading range for today is between 22.20 support and 23.15 resistance.

The expected trend for today: Bearish