Enphase Energy’s price (ENPH) inched higher in the intraday levels, amid the dominance of the main downward trend in the short term, with negative pressure due to trading below the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels. 

Therefore we expect the stock to return lower, provided it settles below $75.36, targeting the pivotal support of $58.33. 

Trend forecast for today: Likely Bearish 

Brent oil price is affected by stochastic negativity to show some bearish bias, waiting to gather positive momentum that assist to push the price to resume the expected bullish trend for today, which its first target located at 75.36$, reminding you that breaching this level will extend the bullish wave towards 76.85$.

The continuation of the bullish wave depends on the price stability above 73.90$, as breaking it represents the key to turn to decline to head towards 72.06$ areas on the near-term basis.

The expected trading range for today is between 73.10$ support and 76.10$ resistance.

Trend forecast: Bullish

Crude oil price shows some slight bearish bias to approach testing the key support 70.58$, noting that the price needs to consolidate above this level to keep the bullish trend scenario valid for today, which its next target located at 72.15$.

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 70.58$ and holding with a daily close below it.

The expected trading range for today is between 69.60$ support and 72.60$ resistance

Trend forecast: Bullish

Silver price is testing the key resistance 30.63$ now, which urges caution from the upcoming trading, as the price needs to hold below this level to keep the bearish trend scenario active for today, as breaching it represents the key to build bullish wave that targets 31.63$ initially, while the next negative target of the expected bearish wave is located at 29.63$.

The expected trading range for today is between 30.00$ support and 30.85$ resistance.

Trend forecast: Bearish