Silver price shows additional negative trades to move away from 23.70 level and reinforce the chances of continuing the bearish bias for the rest of the day, to head towards visiting 23.00 level mainly.

Therefore, we expect to witness more decline in the upcoming sessions unless the price managed to breach 23.70 and hold above it.

The expected trading range for today is between 23.10 support and 24.00 resistance.

The expected trend for today: Bearish

Gold price fluctuates at the key support 1975.00, and stochastic continues to provide the positive signals on the four hours’ time frame, besides the positive support provided by the EMA50, waiting to head towards 2000.00 followed by 2009.30 levels that represent our next main targets, reminding you that breaking 1975.00 followed by 1962.35 will put the price under the correctional bearish pressure again.

The expected trading range for today is between 1970.00 support and 2000.00 resistance.

The expected trend for today: Bullish

The GBPUSD pair keeps its stability above 1.2460, to keep the bullish trend scenario valid for today, waiting to get positive motive that push the price to head towards 1.2590 as a next main station, reminding you that the continuation of the bullish wave conditions the price stability above 1.2460 – 1.2430 levels.

The expected trading range for today is between 1.2400 support and 1.2560 resistance.

The expected trend for today: Bullish

The EURUSD pair shows weak trades now, affected by stochastic negativity to fluctuate with slight negativity, and as long as the price is above 1.0860, the bullish trend scenario will remain valid and active for today, which targets testing 1.0960 as a first station, reminding you that breaching this level will extend the bullish wave to reach 1.1080 as a next main target, while breaking 1.0860 will push the price to turn to decline. 

The expected trading range for today is between 1.0860 support and 1.1010 resistance.

The expected trend for today: Bullish