Silver price fluctuates within sideways and tight track since morning, settling above the EMA50 that provides the positive support to the price, waiting to breach 23.00 to activate the positive effect of the inverted head and shoulders’ pattern that appears on the chart, reminding you that our next main target is located at 23.70, while achieving it requires holding above 22.65.

The expected trading range for today is between 22.60 support and 23.40 resistance.

The expected trend for today: Bullish

Gold price didn’t show any strong move since morning, and continues to move near 2016.90 level, and as long as the price is above this level, our bullish overview will remain valid for the upcoming period, waiting to get positive motive that assist to push the price to achieve our main expected target at 2065.70.

The expected trading range for today is between 2005.00 support and 2040.00 resistance.

The expected trend for today: Bullish

The GBPUSD pair faced temporary negative pressure but it returns to move above the EMA50, to keep the bullish trend scenario valid and active for today, supported by stochastic positivity, waiting to head towards 1.2825 that represents our next main target.

We should note that breaking 1.2650 will stop the suggested positive scenario and lead the price to achieve new bearish correction that its next target reaches 1.2540.

The expected trading range for today is between 1.2650 support and 1.2800 resistance.

The expected trend for today: Bullish

The EURUSD pair provided new negative trades to approach 1.0800 barrier, and returns to test the key resistance 1.0860 and keeps its stability below it until now, to keep the expectations of continuing the bearish trend for the rest of the day, which targets 1.0765 initially, affected by the previously completed head and shoulders’ pattern.

Holding below 1.0860 and 1.0890 is important to continue the expected decline, as breaching it will cancel the negative formation and lead the price to start recovery attempts on the intraday basis.

The expected trading range for today is between 1.0750 support and 1.0900 resistance.

The expected trend for today: Bearish