The price of (silver) rose in its last intraday trading, to attack the resistance at $47.50, supported by its continuous trading above EMA50, under the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend line for the track, besides the emergence of the positive signals on the relative strength indicators.
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The price of (gold) keeps moving in limited range, which prefer heading upward in its last intraday levels, in attempt to gain bullish momentum that might help it to resume achieving new all-time highs on the near-term basis, to notice the emergence of positive signals on the relative strength indicators, with the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the chances of its recovery amid the dominance of the main bullish trend on the short-term basis.
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The price of (EURUSD) rose in its last intraday trading, supported by the emergence of positive signals on the relative strength indicators, reaching the resistance of its EMA50, testing bearish corrective trend line on the short-term basis, intensifying the importance of this area as critical resistance, which will detect the upcoming trend on the near-term basis.
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The GBPAUD continued to face negative pressure in the last period, keeping its stability above 2.0320 support to reinforce the chances of activating the bullish attack.
To notice providing positive momentum by stochastic stability above 20 level, motivating the price to form bullish waves, to target 2.0450 level to repeat the pressure on 23.6%Fibonacci corrective level at 2.0515 to find an exit to resume the rise in the upcoming period trading.
The expected trading range for today is between 2.0325 and 2.0515
Trend forecast: Bullish