The AUDUSD price rallies upwards strongly to surpass 0.6800$ barrier and confirm the continuation of the bullish trend in the upcoming sessions, motivated by stochastic positivity, and the way is open to achieve our next target at 0.6870$, to keep the positive scenario valid and active for today unless breaking 0.6728$ and holding below it.

The expected trading range for today is between 0.6740$ support and 0.6840$ resistance

Trend forecast: Bullish

Brent oil price breached 73.80$ level clearly and closed the last four hours’ candlestick above it, which supports the expectations of continuing the domination of the bullish trend in the upcoming sessions, approaching the next target at 75.24$, and we suggest breaching this level to rally towards 76.68$ as a next correctional target.

Therefore, we will continue to suggest the bullish trend for the rest of the day unless breaking 73.80$ and holding below it.

The expected trading range for today is between 72.40$ support and 75.40$ resistance.

Trend forecast: Bullish

Crude oil price managed to achieve our waited target at 71.95$ and attempts to breach it, reinforcing the expectations of extending the bullish correction to achieve additional gains that reach 73.48$, as the positive effect of the inverted head and shoulders’ pattern still active.

Holding above 70.44$ is important to the continuation of the bullish trend, as breaking it will stop the bullish correction and push the price to return to the main bearish track again.

The expected trading range for today is between 69.50$ support and 72.50$ resistance

Trend forecast: Bullish

Silver price succeeded to achieve our first positive target at 31.00$ and attempts to breach it, reinforcing the chances of continuing the bullish trend on the intraday and short term basis, to head towards visiting 31.70$ as a next main target.

Stochastic provides positive signals that support the expectations of continuing the rise, and the price needs to build support base above 31.00$ to confirm the continuation of the bullish trend and guarantee not turning to decline.

The expected trading range for today is between 30.00$ support and 30.90$ resistance.

Trend forecast: Bullish