Silver price resumes its positive trading to move away from 23.00 level, to support the expectations of continuing the bullish trend for the rest of the day, and the way is open to achieve our next main target at 23.70, which breaching it represents the key to rally towards 24.60 on the near-term basis, reminding you that it is important to hold above 23.00 to achieve the suggested targets.
The expected trading range for today is between 22.90 support and 23.60 resistance.
The expected trend for today: Bullish
Gold price shows more bullish bias to approach our first waited positive target at 1975.00, and the way seems open to continue the rise to surpass this level and open the way to visit 2000.00 as a next main target.
Therefore, we will continue to suggest the bullish trend for today unless breaking 1962.35 and hold with a daily close below it.
The expected trading range for today is between 1950.00 support and 1980.00 resistance.
The expected trend for today: Bullish
The GBPUSD pair is testing the first support line 1.2460, and as we mentioned this morning, the price needs to consolidate above this level and above 1.2430 to keep the correctional bullish trend scenario active for today, waiting to get positive motive that assist to push the price to achieve our next target at 1.2590.
The expected trading range for today is between 1.2410 support and 1.2575 resistance.
The expected trend for today: Bullish
The EURUSD pair faces negative pressure to attack 1.0860 level, which urges caution from the upcoming trades, as breaking this level represents negative factor that will push the price to achieve additional decline that targets testing 1.0760 areas initially.
Now, the price needs to step above 1.0860 level to revive the expected bullish trend scenario for today, which its next main target reaches 1.0960 areas.
The expected trading range for today is between 1.0800 support and 1.0960 resistance.
The expected trend for today: Bullish