Silver price shows new negative trades to support the continuation of the expected bearish trend for today, motivated by the negative overlapping signal provided by stochastic now, waiting to head towards 22.25 that represents our next main target, reminding you that the continuation of the bearish wave depends on the price stability below 23.00.
The expected trading range for today is between 22.50 support and 23.10 resistance.
The expected trend for today: Bearish
Gold price keeps its stability below 1913.15, waiting to get negative motive that assist to push the price to resume the expected bearish trend for today, affected by the previously completed head and shoulders’ pattern, reminding you that our targets begin at 1890.00 and extend to 1873.50.
The EMA50 supports the suggested bearish wave, which will remain valid unless breaching 1913.15 followed by 1916.80 levels and holding above them.
The expected trading range for today is between 1875.00 support and 1920.00 resistance.
The expected trend for today: Bearish
The GBPUSD pair provided clear negative trades to support the continuation of the expected bearish trend scenario for the upcoming period, waiting for more decline to head towards 1.2400 followed by 1.2310 levels as next main targets.
The EMA50 continues to support the suggested bearish wave, which will remain valid conditioned by the price stability below 1.2505.
The expected trading range for today is between 1.2390 support and 1.2540 resistance.
The expected trend for today: Bearish
The EURUSD pair attempts to provide more negative trades, noticing that stochastic overlaps negatively now, to support the chances of continuing the expected bearish trend for today, which targets 1.0635 as a next main station.
Therefore, we will continue to suggest the bearish trend for the upcoming sessions conditioned by the price stability below 1.0785.
The expected trading range for today is between 1.0660 support and 1.0810 resistance.
The expected trend for today: Bearish