The price of (silver) declined in its last intraday trading, gathering its previous rises to attempt to offload some of its clear overbought conditions, especially with the emergence of negative overlapping signals, to gather its bullish momentum to resume its strong gains again, amid the dominance of the main bullish trend and its trading alongside minor trend line on the short-trend.

The price of (Gold) settles on the thresholds of the main resistance at $4,500 preparing to breach it, attempting to gather bullish momentum, at the same time it attempts for offload its overbought conditions on the relative strength indicators, amid the continuation of the dynamic pressure due to its trading above EMA50, with its trading alongside minor bullish trend line on the short-term basis.

The price of (EURUSD) witnessed fluctuated trading in its last intraday trading, attempting to gain bullish momentum that might help it to breach the key resistance at 1.1800, supported by the emergence of the positive signals on the relative strength indicators, and there is dynamic support that is represented by its trading above EMA50, under the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this track.

Coffee price surrendered to the negative pressures, forcing it to suffer several losses towards 339.20, facing a strong support base as appears in the above image.

The price stability above this support and stochastic attempt to exit the oversold level might provide a chance to recover several losses by its rally towards 359.80, then wait for facing the moving average 55 near 368.50.

The expected trading range for today is between 338.00 and 359.80

Trend forecast: Bullish