Silver price returned to trade below 14.70 level, which signals that the price might return to the bearish track, which stopped temporarily after breaching the minor bearish channel’s resistance that appears in the image, but we need a daily close below the mentioned level to confirm regaining the bearish track.

Therefore, we will remain neutral waiting for monitoring the daily candlestick close according to 14.70 level. 

Expected trading range for today is between 14.00 support and 15.30 resistance.

Expected trend for today: Depends on the above mentioned levels

Gold price traded with clear negativity this morning to move near 1.085.00 now, reinforcing the expectations for the bearish trend expectations in the upcoming sessions, waiting for testing 1055.00 level as a next main station.

The EMA50 keeps supporting the expected bearish wave’s support, being aware that breaching 1105.00 level will provide positive motive that pushes the price to test the critical resistance at 1124.60 directly we remind you that holding below the last level represents an important condition for the continuation of the bearish bias on the intraday basis.

Expected trading range for today is between 1060.00 support and 1110.00 resistance.

Expected trend for today: Bearish

The GBPUSD pair approaches again from 1.5645 level, waiting for confirming breaching this level to open the way towards heading to our next main target at 1.5750.

In general, we keep preferring the bullish trend if the price settled above 1.5470 level, pointing that stochastic provides clear positive signal on the four hours time frame, reinforcing the upside track expectations in the upcoming period.

Expected trading range for today is between 1.5500 support and 1.5750 resistance.

Expected trend for today: Bullish

The EURUSD pair keeps its stability below 1.0990 level, to keep the negative pressure valid for the rest of the day, supported by the EMA50, waiting for visiting 1.0880 then 1.0740 levels mainly.

Stochastic current positivity causes some slight bullish bias to retest 1.0990 level, pointing that breaching this level will stop the suggested decline and pushes the price to head towards 1.1100 initially.

Expected trading range for today is between 1.0850 support and 1.1100 resistance.

Expected trend for today: Bearish