The price of (silver) rose high in its last intraday trading, breaching our suggested target at $44.75, amid the full dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend line for this track, supported by its trading above EMA50, besides the emergence of the positive signals on the relative strength indicators, these factors reinforce the chances of targeting new resistance levels on the near-term basis.
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The price of (gold) rose in its last intraday trading, to recover and resume its previous gains, supported by the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, amid the continuation of the positive support that comes from its trading above EMA50, reinforcing the dominance of the main bullish trend on the short-term basis, amid its trading alongside trendline.
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The price of (EURUSD) witnessed tight moves in calm trading on its last intraday levels, affected by the stability of the critical support at 1.1730, gaining positive momentum, supported by the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, to settle against the negative pressure that comes from its trading below EMA50, affected by breaking main bullish trend line on the short-term basis.
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The EURCHF kept its negative stability below the barrier at 0.9430, surrendered to the negativity of the main indicators, to notice its fluctuation near the support base at 0.9300.
Note that the continuation of the negative pressure will force it to provide new bearish trading by reaching below the current support, then targeting several negative stations by reaching 0.9255 and 0.9200.
The expected trading range for today is between 0.9255 and 0.9345
Trend forecast: Bearish