The price of (Silver) declined in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above EMA50, besides the emergence of the positive signals on the (RSI), after reaching oversold levels, which makes the price attempt to gather some of the positive momentum to assist it to recover.

The price of (Gold) declined in its last intraday trading, attempting to gain a bullish momentum that might assist it to rise again, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, besides the emergence of the positive signals on the (RSI), after reaching oversold areas.

The price of (EURUSD) settled high in its recent intraday levels, amid the attempts of recovering some of its previous losses, and attempts to offload some of its clear oversold conditions on the (RSI), especially with the emergence of the positive signals from them, with the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line.

The GBPCHF ended the last negative attack by hitting the target at 1.0690, facing the support of the main bearish channel, then begin forming bullish correctional waves, to settle near 1.0730.

Note that the continuation of the trading stability above the mentioned support and stochastic attempt to provide bullish momentum now, these factors confirm the price readiness to form new bullish waves that target several positive stations by its rally at 1.0780 reaching to the barrier near 1.0825

The expected trading range for today is between 1.0695 and 1.0780

Trend forecast: Bullish