The price of (Silver) declined in its last intraday trading, amid the price attempts to look for a rising low to take it as a base that might help it to gain the required bullish momentum for its recovery, amid the continuation of the dynamic support that is represented by its trading above EMA50, which prevents the price’s intraday decline and assist the stability of the positive scenario, especially amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.

The price of (Gold) declined in its last intraday trading, amid the emergence of the negative signals on the (RSI), surpassing the support of its EAM50, putting it under negative pressure temporarily, amid the attempts of gaining positive momentum that might assist it to recover and rise again, amid its trading alongside a minor bullish trend line on the short-term basis.

The price of (EURUSD) declined in its recent intraday levels, 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, besides the return of the negative signals on the (RSI), intensifying the negative pressure.

The EURNZD price continued forming strong bullish waves in the last period, reaching the initial main target at 1.9630 to catch its breath by forming temporary sideways fluctuation, to keep its stability within the minor channel’s levels that appear in the above image.

Forming a new support at 1.9490 level against the bullish attempts and providing positive momentum by stochastic make us expect renewing the bullish attempts in the near period, to attempt to record extra gains that might begin at 1.9690 reaching the barrier at 1.9810 level.

The expected trading range for today is between 1.9560 and 1.9690

Trend forecast: Bullish