The price of (silver) kept rising in its last intraday trading, despite the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, to attempt to offload this overbought condition, indicating the strength and volume of the bullish momentum, especially with the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance of minor bullish wave on the short-term basis and its trading alongside trendline that reinforces this track. 

The price of (Gold) settled in its last intraday trading, getting ready to attack the key resistance at $4,155, which represented potential target in our previous analysis, supported by its continuous trading above EMA50, and under the dominance of minor bullish wave on the short-term basis and its trading alongside trendline, on the other hand, we notice the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, which reduced the last gains due to its neediness to offload these overbought conditions.

The price of (EURUSD) rose in its last intraday trading, taking advantage of the positive signals that appear in the relative strength indicators, indicating an improvement in the supportive momentum for the price movement, amid the continuation of the pair’s attempts to reinforce its recovery after limited previous declines.

The price gets extra support from its stability above EMA50, reinforcing the continuation of the bullish corrective wave on the short-term basis, and raises the possibilities for completing the upside track in the upcoming sessions, if the price settled above this dynamic key support. 

The CADJPY succeeded in providing new positive close above 38.2%Fibonacci corrective level at 109.30, to notice its rally to the upside and its stability near 110.00, confirming the main bullish scenario.

Stochastic approach from 80 level will provide extra bullish momentum, which makes us keep the bullish scenario, which might target extra stations that begin at 110.50 reaching 111.05.

The expected trading range for today is between 109.60 and 110.50

Trend forecast: Bullish