Silver struggles to recover in its recent intraday trading, where it moves within limited range of fluctuated trading, preparing to breach the key resistance at $75.85, taking advantage of the dynamic support that is represented by its trading above EMA50, which reinforces the stability and dominance of bullish corrective wave on the short-term basis, especially with its trading alongside supportive trend line for this path, offloading some of its clear overbought conditioned on the relative strength indicators, opening the way for targeting new resistance levels in the upcoming period.

Gold experiences fluctuating trading during recent intraday levels, amid its attempts its attempts to gain bullish momentum that might help it to breach $4,800 resistance, attempting to offload its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there, amid the dominance of bullish corrective wave on short-term basis, with continued positive pressure due to its trading above EMA50, reinforcing the chances of the price recovery on the near-term basis.

The (EURUSD) rose in its latest intraday trading, taking advantage of the continued dynamic support due to its trading above EMA50, which reinforces the stability and stability of the bullish corrective trend on short-term basis, with its trading alongside supportive main and minor trend lines on the short-term basis, noticing the emergence of positive overlapping signals from the relative strength indicators, after offloading its overbought conditions, opening the way for extending the gains in the upcoming period.

The CADJPY ended the bullish corrective rally by facing a strong barrier at 210.65, as it represents %100 Fibonacci extension level, forcing it to form sideways trading by its stability near 201.40.

The stability below the current barrier and stochastic attempt to provide negative momentum will increase the chances of forming bearish waves, to attempt to reach 200.70 and 200.25, while breaching the barrier will ease the mission of recording extra gains that might extend towards 212.20 initially.

The expected trading range for today is between 200.70 and 201.60

Trend forecast: Bearish