The AUDUSD price provided positive trades yesterday to test the EMA50 that forms good intraday resistance against the price, to start declining again now, noticing that stochastic loses its positive momentum again.

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Brent oil price managed to achieve our second negative target at 70.50$, and bounced upwards strongly from there to reach 71.60$ areas, noticing that the price returns to decline again after losing the positive momentum on the intraday time frames.

Crude oil price approached the key resistance 68.70$, noticing that the price begins to rebound bearishly by today’s open, to support the chances of continuing the overall bearish trend, waiting to break 67.05$ to confirm opening the way to head towards the next negative target that extends to 65.50$.

Silver price continued to rise to end yesterday above 31.63$, and by taking a deeper look at the chart, we find that the price completed forming inverted head and shoulders’ pattern that we expect to push the price to achieve more rise in the upcoming period.