Silver rose in its latest intraday trading, recovering some previous losses, and it managed to offload its clear oversold conditions on the relative strength indicators, to enter exaggerated overbought levels on the relative strength indicators, as a clear signals for losing this positive momentum quickly, threatening these gains amid the dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend line for this path, with a negative pressure due to is trading below EMA50, reducing the chances of a full recovery in the near upcoming period.

Gold settles on gains in its last intraday trading, supported by the emergence of the positive signals from the relative strength indicators, to draw a clear bullish trend line on the short-term basis, especially with its trading alongside supportive trend line for this path, beside surpassing EMA50’s resistance, getting rid of its negative pressure, to reinforce the chances of extending these gains in the near upcoming period, especially when breaching the current resistance levels.

The EURUSD pair witnessed fluctuated trading at its last intraday levels, with the stability of the stubborn resistance at 1.1430, to attempt to gain bullish momentum that might help it to breach this resistance, attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of negative signal from them, supported by its trading above EMA50, which represents a support base that reinforces this breach, especially with its trading within bullish corrective channel’s range on the short-term basis.

The CHFJPY's price benefited from its stability above 200.45 support, to begin forming bullish waves, recording some gains by its stability near 201.35.

Note that the fluctuation of the moving average 55 near the mentioned support confirms the price confinement within the bullish trend, accompanied by stochastic positivity, which makes us prefer more bullish attempts that might target 201.70 and 202.10.

The expected trading range for today is between 200.90 and 210.70

Trend forecast: Bullish