The price of (silver) continued its fluctuating performance on its last intraday levels, attempting to gather its bullish momentum that might help it achieve new all-time highs, besides offloading the overbought conditions on the relative strength indicators, especially with the emergence of the negative signals until this moment, amid the continuation of the positive pressure due to its trading above EMA50, reinforcing the dominance of the main bullish trend on the short-term basis, with its trading alongside trend line.

The price of (Gold) witnessed slight decline in its last intraday trading, amid the emergence of negative signals on relative strength indicators, after reaching overbought levels, attempting to gain bullish momentum that might turn it to its bullish trend, especially with its trading alongside minor bullish trend line on the short-term basis, and there is dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery on the near-term basis.

The price of (EURUSD) declined in its last intraday trading, attempting to gain bullish momentum that might help it to recover and rise again, attempting to offload some overbought conditions on the relative strength indicators, especially with the continuation of the dynamic support that is represented by its trading above EMA50, and under the dominance of the bullish trend on the short-term basis and its trading alongside trend line.

The CADJPY closed the last corrective rebound by providing new bullish close above the main bullish channel’s support at 112.15, forming bullish waves by its stability near 113.00.

Stochastic attempts to provide positive momentum to increase chances of attacking the top at 113.40, surpassing it is important to confirm its readiness to record extra gains by its rally towards 113.70 and 114.05.

The expected trading range for today is between 112.70 and 113.70

Trend forecast: Bullish