The AUDUSD price broke 0.6728$ level clearly and ended yesterday below it, to succeed achieving our first extended target at 0.6695$, waiting for more decline to visit 0.6640$ that represents our next main target.

The EMA50 forms continuous negative pressure against the price to support the continuation of the suggested bearish wave, which will remain valid unless breaching 0.6728$ and holding above it.

The expected trading range for today is between 0.6640$ support and 0.6740$ resistance

Trend forecast: Bearish

Brent oil price shows more bearish bias to surpass 74.00$ barrier and settles below it, confirming the continuation of the bearish trend domination, on its way to test 72.90$ that represents our next target, which breaking it represents the key to rally towards 71.6$ as a next station.

Consolidating below 74.00$ represents the first protection factor to the continuation of the expected decline, as breaching it might push the price to recover and test the most important resistance at 75.80$ before any new attempt to decline.

The expected trading range for today is between 72.20$ support and 75.20$ resistance.

Trend forecast: Bearish

Crude oil price continues to decline to approach our new waited target at 70.05$, and the way seems open to surpass this level and achieve more decline on the intraday and short-term basis, noting that the next negative stations reach 69.05$ followed by 67.65$.

Therefore, the bearish trend will remain suggested for the upcoming period, noting that breaching 72.04$ will stop the current negative pressure and lead the price to attempt to recover and cover some of the losses that it suffered in the previous sessions.

The expected trading range for today is between 68.60$ support and 71.60$ resistance

Trend forecast: Bearish

Silver price traded with clear negativity to approach our waited target at 27.62$, showing some bullish bias affected by stochastic positivity, and it might head to test the key resistance 28.55$ before turning back to decline again.

Therefore, the negative scenario will remain valid unless breaching the mentioned resistance and holding with a daily close above it, noting that breaking 27.62$ will put the price under additional negative pressure that its next target reaches 27.15$.

The expected trading range for today is between 27.60$ support and 28.40$ resistance.

Trend forecast: Bearish