Silver price returns to move below 16.00 after the rise that it witnessed in the previous sessions, and stochastic keeps losing the positive momentum clearly on the daily time frame, to form negative motive that we are waiting to push the price to resume the bearish bias in the upcoming sessions, which targets testing 15.49 level mainly.

Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless we witnessed clear breach and hold above 16.56.

Expected trading range for today is between 15.70 support and 16.05 resistance.

Expected trend for today: Bearish

Gold price continues to move around the EMA50, keeping its stability below the key resistance 1263.15, thus, the bearish trend still suggested for the upcoming period, supported by stochastic head downwards on the four hours' time frame, waiting to test 1240.85 level mainly.

We remind you that breaking the targeted level will extend Gold price losses to reach the recently recorded low at 1204.81, while breaching 1263.15 will stop the current negative pressure and push the price to recover on the intraday and short term basis.

Expected trading range for today is between 1240.00 support and 1265.00 resistance.

Expected trend for today: Bearish

The USDCAD pair traded with clear negativity yesterday to test the key support 1.2723 and keeps its stability above it, as trades rebound bullishly to settle around the EMA50, and as long as the price is above the mentioned level, our bullish trend expectations will remain active, waiting to test 1.2927 level initially.

We should note that breaking 1.2723 will stop the expected rise and push the price back to the main bearish track again, to start the negative targets at 1.2665 and extend to 1.2470.

Expected trading range for today is between 1.2700 support and 1.2880 resistance.

Expected trend for today: Bullish

The USDJPY pair provided negative trades yesterday to approach our initial waited target at 111.90, falling under the negative pressure formed by the EMA50, to continue suggesting the bearish trend for today, noting that breaking the mentioned level will extend the bearish wave to reach 111.00 direct.

Holding below 113.00 is main condition to continue the expected decline, as breaching it will stop the current negative pressure and lead the price to regain its main bullish track again.

Expected trading range for today is between 111.30 support and 113.00 resistance.

Expected trend for today: Bearish