Silver declined in its latest intraday trading, amid the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, amid the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on the short-term basis, with its trading alongside supportive minor trend line for this path, intensifying the negative pressure and increasing the likelihoods of deepening its losses in the near upcoming period.

Gold settles on series of consecutive losses in its last intraday trading, amid the dominance of the ain bearish trend on the short-term basis, with its trading alongside supportive trend line for this path, besides the continuation of the negative pressure due to its trading below EMA50, which represents dynamic resistance that reduces the chances of full recovery in the near upcoming period, especially with the emergence of the negative signals from the relative strength indicators.

The EURUSD pair continued its fluctuating moves on its last intraday levels, to fail to breach the key resistance at1.1430, to face the negative pressure again due to its trading below EMA50, with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, intensifying the negative pressure on the pair, indicating more downside moves in the near upcoming period.

GBPAUD faced strong bearish pressures yesterday, forcing it to form corrective decline after reaching 1.9300 barrier, suffering some losses by reaching below the extra support at 1.9210.

Note that stochastic approach from level 20 will increase the negative pressure on the current trading, which makes us prefer more negative attempts, which might target 1.9145 and 1.9100.

The expected trading range for today is between 1.9140 and 1.9210

Trend forecast: Bearish