The price of (Silver) moves in calm trading within a tight range in its last intraday trading, attempting to gain a positive momentum that might assist it to breach the critical resistance level at $34.50, supported by its trading above its EMA50, and under the main bullish trend on the short-term basis and alongside a bias line, on the other hand, we notice the beginning of the emergence of the negative signals on the (RSI), which decelerate the rise of the price unless breaching this resistance.

The price of (Gold) witnessed fluctuated trading amid its attempts to breach the stubborn resistance level at $3,365, supported by the positive signals on the (RSI), with its trading within a minor bearish channel’s range that confines its trading on the short-term basis, besides the continuation of the dynamic support in its trading above EMA50, and the price attempts to gain positive momentum that assists it to rally in a new bullish wave, and its key is breaching this resistance.

The price of (EURUSD) rose in its recent intraday trading, due to its lean on the support of its EMA50, providing positive momentum that assisted it to achieve this gains, besides the formation of a positive divergence on the (RSI), after reaching exaggerated oversold levels compared to the price move, with the beginning of the positive signals appearance, and the price under the dominance of the bullish trend and its trading alongside a minor bias on the short-term basis.

The EURCAD is affected by the continuation of the main indicators’ contradiction, which forces it to form sideways trading by its fluctuation near 1.5600 level, delaying the negative attack that depends on the main stability below the resistance at 1.5880.

Stochastic reach below 50 level will increase the chances for gathering the negative momentum, to ease the mission of reaching below the support at 1.5525, then begin targeting the negative stations near 1.5385 and 1.5220.

The expected trading range for today is between 1.5525 and 1.5650

Trend forecast: Bearish