The AUDUSD price trades with clear positivity to breach 0.6180$ and settle above it, to hint heading to visit the main bearish channel’s resistance line around 0.6265$ before turning back to decline again.

Therefore, the bullish bias will be suggested for today, noting that breaking 0.6180$ and trading below it again will reactivate the main negative scenario that its first target located at 0.6095$.

The expected trading range for today is between 0.6140$ support and 0.6250$ resistance

Trend forecast: Bullish temporarily

Crude oil price provided new positive trades to surpass the second target at 78.80$ and reach 79.30$, and it is affected by the negative momentum to show some temporary bearish bias now, waiting to get positive motive that assist to push the price to resume the main bullish trend that its next target reaches 80.00$.

The EMA50 continues to support the suggested bullish wave, noting that breaking 78.25$ might push the price to turn to decline on the intraday basis to head towards testing 77.30$ areas and might extend to 76.40$ before any new attempt to rise.

The expected trading range for today is between 77.40$ support and 80.40$ resistance

Trend forecast: Bullish

Brent oil price finds difficulty to surpass 81.60$ level, to show some bearish bias affected by stochastic negativity, noticing that the indicator attempts to gather the positive momentum on the intraday time frames, waiting to resume the bullish wave that targets 82.80$ followed by 83.70$ areas as next main stations.

Holding above 80.55$ is important to the continuation of the expected rise, as breaking it will push the price to visit 78.66$ levels again before any new positive attempt.

The expected trading range for today is between 79.70$ support and 82.70$ resistance.

Trend forecast: Bullish

Silver price bounced downwards clearly yesterday, to test 29.63$ level and presses negatively on it, noticing that stochastic gained positive momentum that we expect to push the price to rise again in the upcoming sessions, waiting to visit 30.63$ again.

The price needs to consolidate above 29.63$ to confirm resuming the suggested bullish wave, as breaking this level will push the price to suffer additional losses that reach 28.40$.

The expected trading range for today is between 29.20$ support and 30.10$ resistance.

Trend forecast: Bullish