Silver price shows negative trades now to head towards resuming the expected bearish track on the intraday basis, and we believe that the way is open to achieve our first target at 22.20, reminding you that the continuation of the bearish wave depends on the price stability below 23.15.
The expected trading range for today is between 22.40 support and 23.15 resistance.
The expected trend for today: Bearish
Gold price resumes its negative trades to head towards testing 1770.00 again, waiting for more decline to break this level and open the way to rally towards 1734.00 as a next main station, to keep our bearish overview for today supported by the negative pressure formed by the EMA50 conditioned by the price stability below 1797.00.
The expected trading range for today is between 1760.00 support and 1795.00 resistance.
The expected trend for today: Bearish
The GBPUSD pair returns to decline after the temporary rise that it witnessed in the previous sessions, to keep the bearish trend scenario valid and active for the upcoming period, waiting to head towards 1.3160 as a next main target, reminding you that holding below 1.3355 is important to continue the expected decline.
The expected trading range for today is between 1.3210 support and 1.3380 resistance.
The expected trend for today: Bearish
The EURUSD pair resumes its negative trades to move away from 1.1375 level, reinforcing the expectations of continuing the bearish trend, and the price needs to break 1.1280 level to ease the mission of continuing the decline towards our main negative target at 1.1145, reminding you that the continuation of the bearish wave requires holding below 1.1375.
The expected trading range for today is between 1.1240 support and 1.1380 resistance.
The expected trend for today: Overall bearish