The price of (silver) witnessed fluctuated trading on its last intraday levels, to gain the required bullish momentum to help it attack the key resistance at $54.35, amid the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels, under the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend line for this trend.

The price of (Gold) settles lower in its last intraday trading, after losing its early gains for today, to complete its intraday fluctuations, amid the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, to continue its attempt to gain bullish momentum that may help it to recover and rise again, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the stability and dominance of the bullish trend on the short-term basis.

The price of (EURUSD) slipped lower in its last intraday trading, amid the emergence of the negative signals on the relative strength indicators, reaching oversold levels, exaggeratedly compared to the price move, indicating a quick decline for the bearish momentum, to lean on the support of EMA50, accompanied by its leaning in minor bullish corrective trend line on the short-term basis.

The EURNZD is under strong negative pressures in the last sessions, affected by reaching below the extra support at 2.0400, activating with stochastic negativity by attacking the support of the bullish channel at 2.0245.

The continuation of facing negative pressure will force it to break the support of the bullish channel, forcing it to suffer extra losses by reaching 2.0175 then attempts to press on %261.8 Fibonacci extension level at 2.0060.

The expected trading range for today is between 2.0320 and 2.0175

Trend forecast: Bearish