The AUDUSD price breached 0.6570$ level clearly and closed the daily candlestick above it, starting today with additional rise to reach the thresholds of 0.6640$ level, which hints heading to build bullish wave on the intraday and short-term basis, noting that breaching the last level will open the way to rally towards 0.6728$ areas as a next main station.

Therefore, the bullish bias will be suggested in the upcoming sessions, it might be preceded by some temporary sideways fluctuation affected by stochastic negativity, noting that the continuation of the bullish wave depends on the price stability above 0.6570$.

The expected trading range for today is between 0.6580$ support and 0.6680$ resistance

Trend forecast: Bullish

Brent oil price continued to decline to reach 85.80$ level, noticing that the price begins to rise again, as it moves inside bullish channel that we expect to push the price to achieve gains in the upcoming sessions, and the targets begin by surpassing 87.40$ to confirm opening the way to head towards 88.40$ followed by 90.00$ levels as next main targets.

Therefore, the bullish bias will be expected for today, supported by the positive overlapping signal provided by stochastic, noting that breaking 86.00 will stop the bullish wave and push the price to suffer additional losses that reach 84.55$.

The expected trading range for today is between 85.50$ support and 88.50$ resistance.

Trend forecast: Bullish

Crude oil price’s decline stopped at the bullish channel’s support line that appears on the chart, and begins to rebound bullishly from there, to head towards resuming the main bullish trend, which its next targets located at 83.85$ followed by 86.00$ levels.

Therefore, the bullish bias will be suggested for today, supported by the EMA50 that carries the price from below, noting that breaking 81.50$ will stop the expected rise and push the price to start bearish correction for the bullish wave that start from 71.35$ areas.

The expected trading range for today is between 81.00$ support and 84.00$ resistance

Trend forecast: Bullish

Silver price succeeded to achieve our waited target at 25.50$, and opens today with additional rise to surpass this level and confirm the continuation of the bullish trend domination, opening the way to head towards our next station at 26.07$.

Therefore, we will continue to suggest the bullish trend for the upcoming period, and breaching the last level will lead the price to achieve additional gains that reach 26.90$, noting that failing to consolidate above 25.50$ will put the price under negative pressure to head towards testing the key support base 24.60$ before any new attempt to rise.

The expected trading range for today is between 25.50$ support and 26.30$ resistance.

Trend forecast: Bullish