The AUDUSD pair bounced upwards clearly to start attempts to beach 0.7060, showing more bullish bias now to support the chances of achieving more expected rise in the upcoming sessions, paving the way to regain the main bullish trend, targeting 0.7140 followed by 0.7200 areas as next main stations.

Therefore, the bullish bias will be expected for today, noting that breaking 0.6990 will stop the positive scenario and force the price to test 0.6900 areas before any new attempt to rise.

The expected trading range for today is between 0.7010 support and 0.7140 resistance

The expected trend for today: Bullish

Brent oil price rallied upwards strongly after reaching the thresholds of 83.00 barrier yesterday, to breach 85.10 and settles above it, which pushes the price to achieve expected additional gains in the upcoming period, on its way to visit 86.60 followed by 88.20 levels as next main stations.

Therefore, the bullish bias will be suggested for today, taking into consideration that breaking 85.10 and holding below it will stop the positive scenario and press on the price to decline again.

The expected trading range for today is between 84.20 support and 87.50 resistance.

The expected trend for today: Bullish

Crude oil price’s decline stopped at 76.40, to rebound upwards strongly and test the key resistance 78.95, to hint the attempt to return to the correctional bullish track, but it faces negative pressures formed by the technical indicators, which hinders the mission to rise.

Therefore, the contradiction between the technical factors makes us prefer to stay aside until the price confirms its next destination clearly, noting that confirming breaching 78.95 will push the price to achieve additional gains that reach 81.60, while consolidating below it will press on the price to resume the main bearish track that its next target located at 75.65.

The expected trading range for today is between 77.20 support and 80.80 resistance.

The expected trend for today: Neutral

Silver price bounced upwards strongly after finding solid support at 23.05, to resume the main bullish track and head towards achieving positive targets that start at 24.55.

Therefore, we suggest the continuation of the bullish bias on the intraday and short term basis, noting that breaking 23.55 will put the price under new negative pressure to head towards 23.05 initially.

The expected trading range for today is between 23.40 support and 24.20 resistance.

The expected trend for today: Bullish