Silver price begins to rebound bearishly after testing the bearish channel’s resistance, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, waiting to head towards 21.65 as a first main station, reminding you that it is important to hold below 22.90 to continue the expected bearish trend.

The expected trading range for today is between 22.00 support and 22.80 resistance.

The expected trend for today: Bearish

Gold price resumes its negative trades clearly after consolidating below the bearish channel’s resistance, motivated by stochastic negativity, waiting for more decline for the rest of the day to visit 1735.00 mainly, reminding you that the continuation of the bearish wave depends on the price stability below 1770.00.

The expected trading range for today is between 1740.00 support and 1770.00 resistance.

The expected trend for today: Bearish

The GBPUSD pair shows new bullish bias to head towards potential test to the key resistance 1.3600, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend active, supported by the EMA50 that forms continuous negative pressure against the price, noting that our targets begin by breaking 1.3530 to confirm rallying towards 1.3415.

The expected trading range for today is between 1.3440 support and 1.3600 resistance.

The expected trend for today: Bearish

The EURUSD pair trades positively to breach 1.1605 and attempts to hold above it, which urges caution from the upcoming trading, as confirming the breach will stop the recently suggested negative scenario and leads the price to achieve intraday gains that its targets begin by testing 1.1700 areas.

The EMA50 and stochastic provide negative signals that support the expected decline, and the price needs to trade below 1.1605 again to resume the bearish trend that its next target located at 1.1500.

The expected trading range for today is between 1.1490 support and 1.1635 resistance.

The expected trend for today: Bearish