The AUDUSD pair breached 0.6767 level strongly and settled above it, to support the expectations of continuing the bullish trend on the intraday and short term basis, opening the way to achieve additional positive targets that start at 0.6840 and extend to 0.6900.

Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above the support base formed above 0.6767.

The expected trading range for today is between 0.6750 support and 0.6870 resistance

The expected trend for today: Bullish

Brent oil price succeeded to achieve our first waited positive target at 87.25, fluctuating around the EMA50 now, waiting to resume the bullish wave that its next target reaches 88.67.

Stochastic negativity interprets the reasons of the current sideways fluctuation, while the price needs to hold above 85.70 to keep the bullish trend active, as breaking it will stop the bullish correction and press on the price to return to the main bearish trend again.

The expected trading range for today is between 85.50 support and 89.00 resistance.

The expected trend for today: Bullish

Crude oil price hovers around 81.00 level since yesterday and finds difficulty to breach it until now, waiting to get positive momentum that assists to push the price to breach this level and confirm the continuation of the correctional bullish wave, which is affected by the inverted head and shoulders’ pattern that appears on the chart, reminding you that our next target is located at 83.27.

Therefore, the bullish trend scenario will remain valid and active for the upcoming period, supported by the EMA50 that carries the price from below, reminding you that the continuation of the bullish wave requires holding above 78.00.

The expected trading range for today is between 79.00 support and 83.27 resistance.

The expected trend for today: Bullish

Silver price provided additional positive trades to succeed reaching our extended target at 22.24, starting today with more bullish bias to attempt to confirm breaching this level, which supports the continuation of the bullish wave on the intraday and short term basis, to head towards visiting 22.86 areas as a next main station.

Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that failing to confirm breaching 22.24 will press on the price to achieve temporary decline before any new positive attempt.

The expected trading range for today is between 21.90 support and 22.85 resistance.

The expected trend for today: Bullish