Silver price approaches from our main first target at 22.00, and the negative pressure that comes from EMA50 continues, which encourages us to continue in preferring the bearish trend for today, pointing that Stochastic might cause some temporary sideways trading.
Expected trading range for today is between: 21.65 support and 23.50 resistance.
Expected trend for today: Bearish
Gold price resumed its waited decline approaching from our main expected target for today at 1365.00, providing some positive bias now affected by Stochastic.
And until now, the bearish trend scenario remains valid and preferred for today, pointing that the next targets reach towards 1350.00
Expected trading range for today is between: 1350.00 support and 1410.00 resistance.
Expected trend for today: Bearish
The pair shows more sideways trading, and remains stuck between the morning mentioned levels, which makes us continue in our neutrality waiting for surpassing one of these levels and then getting clearer confirmation signals for the trend.
Expected trading range for today is between: 1.5070 support and 1.5360 resistance.
Expected trend for today: Neutral
The pair remains fluctuating in sideways range since morning, and hovers around 1.2865, while we still prefer the bearish trend for the rest of today’s trading, supported by the EMA50, reminding you that holding below 1.2970 is conditioned for the continuation of these negative expectations.
Expected trading range for today is between: 1.2725 support and 1.2970 resistance.
Expected trend for today: Bearish