The price of (silver) declined in its last intraday trading, amid the attempts of gaining bullish momentum that might help it to breach the key resistance level at $49.45, taking advantage of the dynamic support that is represented by its trading above EMA50, with forming positive divergence on the relative strength indicators, after reaching exaggerated oversold levels compared to the price move, with the emergence of the positive signals from there.

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The price of (Gold) surrendered to the negative pressure in its last intraday trading, after reaching the resistance of EMA50, which forced it to decline despite the emergence of the positive signals on the relative strength indicators, indicating the dominance of the sellers on the trading, amid the dominance of the bearish corrective trend on the short-term basis.

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The price of (EURUSD) declined in its last intraday trading, amid full dominance for the main bearish trend on the short-term basis and its trading alongside supportive trendline for this track, after offloading some of its oversold conditions on the relative strength indicators, increasing the negative pressure.

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The EURGBP ended the last bullish rally by reaching 0.8817, keeping its stability below 0.8830 level, announcing its surrender to the bearish corrective trend dominance by reaching 0.8775.

The stability below the mentioned barrier and stochastic attempt to provide negative momentum by its exit from the overbought level will increase the chances of resuming the corrective attempts, reaching 0.8740 followed by the next target at 0.8720.

The expected trading range for today is between 0.8740 and 0.8800

Trend forecast: Bearish