The price of (Silver) rose in its last intraday trading, breaching the critical resistance level at $37.30, amid the emergence of the positive signals on the (RSI), despite reaching overbought levels, amid the dominance of the main bullish trend and its trading alongside a bias line, supporting a dynamic support that renews the positive momentum.

The price of (Gold) rose in its last intraday trading, amid its affection by breaching bearish correctional trend on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, besides the emergence of the positive signals on the (RSI), intensifying the positive momentum.

The price of (EURUSD) settled on a rise in its recent intraday levels, attempting to recover some of its previous losses, and attempt to recover some of its previous losses, and offloading its clear overbought conditions on the (RSI), amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure due to its trading below EMA50, forming a dynamic support that prevents the price’s recovery on the near-term basis.

The GBPCHF price confirmed its surrender to the supported bearish scenario by its stability within the bearish channel’s levels, providing several closes below 23.6%Fibonacci correction level at 1.0865, and forming several bearish waves to settle near 1.0785.

Forming extra barrier at 1.0825 level to increase the efficiency of the bearish track, to expect targeting new bearish stations that might begin at 1.0755 and 1.0720.

The expected trading range for today is between 1.0810 and 1.0720

Trend forecast: Bearish