The price of (silver) declined in its last intraday trading, attempting to gain bullish momentum that might help it to rise again, taking advantage of the positive signals emergence from the relative strength indicators, after forming positive divergence that helped the price to rise in its early moves for today, amid the continuation of the dynamic support that is represented by its trading above EMA50, under the dominance of the main bullish trend and its trading alongside trendline.

The price of (Gold) rose carefully in its recent intraday trading, with the price attempts to recover some of its previous losses, and offloading its oversold conditions on the relative strength indicators, affected by breaking minor bullish trend line on the short-term basis, and there are dynamic negative support that is represented by its trading below EMA50, which reduces the chances of sustainable recovery on the near-term basis.

The price of (EURUSD) declined in its last intraday trading, attempting to gain bullish momentum to help it recover and rise again, leaning on the support of EMA50, accompanied by leaning on main bullish trend line on the short-term basis, reinforcing the chances of the recovery in the upcoming period, especially with the emergence of the positive signals on the relative strength indicators.

The EURNZD began activating with the main indicators’ positivity, noticing its stability above %261.8 Fibonacci extension level, which represents an important support at 2.0070, attempting to record some gains by its rally towards 2.0270.

The price needs extra bullish momentum to reinforce the chances of forming strong bullish waves, to attack the barrier near 2.0385, to confirm surpassing it to open the way for recording more of the gains, to expect forming extra main target at 2.0500 reaching the top near 2.0625.

The expected trading range for today is between 2.0205 and 2.0385

Trend forecast: Bullish