The price of (silver) is declining in its last intraday trading, affected by breaking bullish trend line, noticing the emergence of negative overlapping signals from the relative strength indicators, after reaching exaggerated overbought levels compared to the price move, indicating the beginning of forming negative divergence that intensifies the negative pressure, especially with the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances of full recovery on near-term basis.

The price of gold declined in its last intraday trading, affected by breaking bullish trend line on short-term basis, after offloading its oversold conditions on the relative strength indicators, with the emergence of negative overlapping signals, intensifying the chances of extending its losses on near-term basis.

The price of EURUSD declined in its last intraday trading, to reach our morning expected target at 1.1565 support, preparing to break it amid the continuation of the negative pressure due to its trading below EMA50, which reinforces the strength and stability of the main bearish trend on short-term basis, to notice the emergence of negative signals from relative strength indicators, intensifying the negative pressure on the pair.

The GBPCAD confirmed its move to the negative track by providing several negative closes below the broken support at 1.8430, to form strong resistance and target several negative stations by reaching 1.8190.

Forming extra barrier at level 1.8325 and providing negative momentum by the main indicators makes us expect to renew the negative attempts, to target 1.8145 and 1.8080.

The expected trading range for today is between 1.8145 and 1.8325

Trend forecast: Bearish