The price of (silver) rose in its last intraday trading, getting ready by reaching $115.00 resistance, amid the dominance of the main bullish trend on short-term basis, with its trading alongside main and minor trendlines that supports this trend, besides the continuation of the positive pressure due to its trading above EMA50, noticing the emergence of positive signals from relative strength indicators, after offloading its overbought conditions.
The price of gold kept its early gains in its last intraday trading, amid the positive signals from relative strength indicators, after offloading its overbought conditions, supported by its continuous trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis, with its trading alongside supported minor trend line for this bullish track, recording new record highs.
The price of EURUSD rose in its last intraday trading, to settle above 1.1865 resistance, taking advantage of the positive support due to its trading above EMA50, under the dominance of the main bullish trend on short-term basis, with its trading alongside minor trendline, after offloading its overbought conditions on relative strength indicators, especially with the emergence of positive overlapping signals from there.
The GBPCAD succeeded in renewing the bullish rally by surpassing 1.8680 barrier, to settle above it, forming several bullish waves and recording clear gains by reaching 1.8790.
Depending on forming a new support level by the previously breached barrier against the bullish trading, besides providing bullish momentum by the main indicators, which will increase the chances of resuming the bullish trend, to expect reaching 1.8835 following the next main target at 1.8885.
The expected trading range for today is between 1.8730 and 1.8835
Trend forecast: Bullish