The price of (Silver) extended its gains in its last intraday trading, supported by its trading above EMA50, which represents a dynamic support, under the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, on the other hand, we notice the emergence of the negative signals on the (RSI), after reaching overbought levels, in attempt to offload this overbought conditions, which decelerates the strength of the price rise.

The price of (Gold) witnessed fluctuated moves in its last intraday trading, with the emergence of the negative signals on the (RSI), after reaching overbought level, on the other hand, the price is affected by the price exit from bearish correctional channel’s range that limited its trading on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, forming an obstacle that suggest the stability of the positive expectations.

The price of (EURUSD) rose in its recent intraday levels, amid the dominance of the main bullish trend on a short-term basis and its trading alongside bias line, supported by its continuous trading above EMA50, on the other hand, we notice the beginning of the negative signals on (RSI), after reaching overbought levels which decelerates the gains of the last pair.

The EURGBP succeeded in resuming the bullish attack, taking advantage of confirming breaching the barrier at 0.8565, recording the waited targets by reaching 0.8670 level, forcing it to form temporary sideways fluctuation to gather the extra positive momentum.

Forming extra support at 0.9630 level, to expect forming new bullish waves that assisted it to reach extra positive stations that might begin at 0.8700 and 0.8725.

The expected trading range for today is between 0.7425 and 0.7465

Trend forecast: Bullish