The price of (silver) rose in its recent intraday trading, affected by its lean on a bullish trend line on a short-term basis, accompanied by its lean on the support of its EMA50, providing positive signals on the (RSI).

The price of (Gold) rose in its recent intraday trading, attempting to recover some of its previous losses and offloading some of its clear oversold condition on the (RSI), retesting the resistance level at $3,280, this level represents the negative head and shoulders pattern that was formed on the short-term basis.

The price of (EURUSD) rose in its recent intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, to attempt to recover some of its previous losses and offloading this oversold condition, to retest the resistance at 1.1290, amid its affection by breaking a minor bullish trend line on the short-term basis, with negative pressure that comes from its trading below the EMA50.

The GBPAUD ended its bullish rally by recording the initial target at 2.1035, facing 161.8%Fibonacci extension level, to form an intraday barrier against the attempts of resuming the bullish attack, which explains the negative rebound to 2.0915.

Note that the attempt of forming extra support at 2.0780 level will reinforce the chances for gathering the required positive momentum, to surpass the mentioned barrier, then begin targeting new bullish stations by its rally towards 2.1085 and 2.1150.

The expected trading range for today is between 2.0865 and 2.1035

Trend forecast: Fluctuated