Silver price made new test to 21.35 level and bounced bearishly from there, to keep the bearish trend valid for today, supported by stochastic loss to the positive momentum clearly, besides the negative pressure formed by the EMA50, reminding you that our targets begin by breaking 20.70 to open the way to rally towards 19.90, while holding below 21.35 represents major condition to achieve the suggested targets.

The expected trading range for today is between 20.60 support and 21.50 resistance.

The expected trend for today: Bearish

Gold price shows some slight bearish bias, hinting heading to resume the expected bearish trend for today, which targets testing 1809.35 level initially, reminding you that breaking this level will extend the bearish wave to reach 1765.20 areas, reminding you that the continuation of the bearish trend conditions holding below 1838.35.

The GBPUSD pair tested the key support 1.2115 without managing to break it, to remain confined between the trend confirmation levels represented by the mentioned support and 1.2175 resistance, which keeps our neutrality valid until the price manages to surpass one of these levels and detect its next targets clearly.

To review the details of the expected targets after the breach, please check our morning report.

The expected trading range for today is between 1.2060 support and 1.2250 resistance.

The expected trend for today: Neutral

The EURUSD pair shows tight trades since morning, settling around 1.0510 level, thus, no change to the be expected bullish trend for today, which its next main target located at 1.0620.

The negativity of the technical indicators hinders the mission to rise, reminding you that the continuation of the bullish wave depends on the price stability above 1.0495.

The expected trading range for today is between 1.0460 support and 1.0610 resistance.

The expected trend for today: Bullish