Silver price is affected by stochastic negativity to provide negative trades now, but as long as the price is above 23.05, our bullish overview will remain valid for today, waiting to breach 23.70 to ease the mission of achieving our positive targets that start at 24.00 and extend to 24.55.
The expected trading range for today is between 23.20 support and 24.00 resistance.
The expected trend for today: Bullish
Gold price shows additional negative trades to press on 1928.00 level, which urges caution from the upcoming trading, as continuing the decline and breaking 1921.00 will stop the recently suggested positive scenario and force the price to achieve some bearish correction, while the price needs to trade above 1937.00 to regain the bullish trend that its next target located at 1950.00.
The expected trading range for today is between 1915.00 support and 1950.00 resistance.
The expected trend for today: Bullish
The GBPUSD pair faces new negative pressure to break 1.2320 and attempts to hold below it, which hints heading to start intraday bearish correction, and we prefer to stay aside until the price confirms its situation according to the mentioned level, as confirming the break will push the price to achieve negative targets that start at 1.2160, while stepping above it again will revive the positive scenario that its first target located at 1.2440.
The expected trading range for today is between 1.2230 support and 1.2400 resistance.
The expected trend for today: Neutral
The EURUSD pair shows some slight bearish bias now, affected by stochastic negativity, and as long as the price is above 1.0840, our bullish overview will remain valid for today, supported by the EMA50 that carries the price from below, reminding you that our next main target reaches 1.1030.
The expected trading range for today is between 1.0820 support and 1.0970 resistance.
The expected trend for today: Bullish