Silver price didn’t show any strong move since morning, and the EMA50 continues to press on the price, to keep our bearish overview that depends on the price stability below 25.50, noting that our next main target extends to 22.90.
The expected trading range for today is between 23.60 support and 24.70 resistance.
The expected trend for today: Bearish
Gold price shows additional positive trading to approach the bearish channel’s resistance, which hrepresent our waited target at 1727.00, to keep the positive scenario active until now, reminding you that surpassing this level will push the price to continue the rise and head towards 1765.00 as a next positive target, while failing to breach it will press on the price to decline again and head towards 1692.00 initially.
The expected trading range for today is between 1700.00 support and 1730.00 resistance.
The expected trend for today: Bullish temporarily
The GBPUSD pair shows sideways trading since morning, settling around the EMA50, thus, no change to the expected bearish trend for today, supported by stochastic negativity, depending on the price stability below 1.3840, reminding you that our expected targets begin at 1.3675 and extend to 1.3580.
The expected trading range for today is between 1.3700 support and 1.3840 resistance.
The expected trend for today: Bearish
The EURUSD pair shows some slight bullish bias now, and as we mentioned this morning, the price needs to hold below 1.1780 to keep the bearish trend active for today, as breaching it will lead the price to turn to rise, while the next main target of the suggested bearish wave is located at 1.1605.
The expected trading range for today is between 1.1630 support and 1.1780 resistance.
The expected trend for today: Bearish