Silver price hovers around 21.55 level since morning, facing contradiction between the technical factors, which makes us continue with our neutrality until the price confirms its situation according to the mentioned level followed by detecting its next targets clearly.

To review the details of the expected targets for the upcoming period, please check our morning report.

The expected trading range for today is between 21.10 support and 21.95 resistance.

The expected trend for today: Neutral

Gold price settles below the broken neckline of the double top pattern, to keep the negative effect of this pattern active, waiting for more decline to achieve our negative targets that start at 1810.00 and extend to 1780.00, reminding you that the continuation of the bearish wave depends on the price stability below 1850.00.

The expected trading range for today is between 1815.00 support and 1850.00 resistance.

The expected trend for today: Bearish

The GBPUSD pair faces negative pressure now to attack 1.2590 level again, which urges caution from the upcoming trading, as holding below this level and breaking 1.2560 level will put the price under more negative pressure and push to turn to decline to achieve negative targets that start at 1.2425, while the price needs to step above 1.2590 to resume the bullish track that its next target located at 1.2725.

The expected trading range for today is between 1.2530 support and 1.2700 resistance.

The expected trend for today: Bullish

The EURUSD pair didn’t show any strong move since morning, and as long as the price is above 1.0670, our bullish overview will remain valid for today, supported by the EMA50, waiting to get positive motive that assist to push the price to surpass 1.0770 and confirm extending the bullish wave towards 1.0865.

The expected trading range for today is between 1.0670 support and 1.0810 resistance.

The expected trend for today: Bullish