The EURUSD pair settles above 1.1400 barrier, showing weak trades since yesterday, noticing that stochastic gains the positive momentum gradually, waiting to motivate the price to resume the expected bullish wave for the upcoming period, which its next target located at 1.0515.

In general, the bullish trend scenario will remain valid and active on the intraday and short term basis unless breaking 1.0285 and holding below it.

The expected trading range for today is between 1.0350 support and 1.0515 resistance.

The expected trend for today: Bullish

Brent oil price didn’t show any strong move since morning, to fluctuate within tight range, thus, no change to the expected bearish trend scenario for today, which depends on the price stability below 86.70, reminding you that our targets begin by surpassing 83.57 to open the way to head towards 80.00.

The expected trading range for today is between 83.00 support and 87.00 resistance.

The expected trend for today: Bearish

Crude oil price shows sideways and tight trades since morning as appears on the chart, and the price needs to break 77.25 to ease the mission of resuming the bearish wave that targets 76.05 as a next station, to keep the bearish trend scenario valid and active for today supported by the negative pressure coming by the EMA50 unless breaching 79.20 and holding above it.

The expected trading range for today is between 75.50 support and 79.50 resistance.

The expected trend for today: Bearish

Silver price moves within minor bullish channel that carries the price to achieve more expected rise for the rest of the day, waiting to test 22.00 followed by 22.24 levels as next main targets, to keep the bullish trend scenario valid and active unless breaking 21.30 and holding below it.

The expected trading range for today is between 21.30 support and 22.00 resistance.

The expected trend for today: Bullish