Silver price approached 22.00 barrier, showing sideways trades now, waiting to gather positive momentum that assists to push the price to resume the expected bullish wave on the intraday basis, which its next target located at 22.13.

The EMA50 carries the price from below, reinforcing the chances of achieving more gains in the upcoming sessions, noting that surpassing the suggested target will push the price to 23.05 as a next positive target.

On the other hand, we should note that breaking 21.40 followed by 20.64 levels will stop the expected bullish wave and press on the price to decline again.

The expected trading range for today is between 21.35 support and 22.10 resistance.

The expected trend for today: Bullish

Gold price settles above 1900.00$ barrier, affected by stochastic negativity to show sideways fluctuation now, waiting to get positive motive that assists to push the price to resume the bullish wave that its next targets located at 1928.60 followed by 1960.00.

Therefore, we will continue to suggest the bullish trend for the upcoming period, supported by the EMA50 that pushes the price upwards, noting that breaking 1878.80 will stop the positive scenario and put the price under the correctional bearish pressure again, to head towards visiting 1828.70 areas initially.

The expected trading range for today is between 1890.00 support and 1928.00 resistance.

The expected trend for today: Bullish

The USDCAD pair managed to touch our waited target at 1.3680 and found solid support there, to rebound bullishly and head towards resuming the bullish wave withing the bullish channel that appears on the chart, waiting to achieve positive targets that start at 1.3800 and extend to 1.3890.

Therefore, we suggest witnessing more bullish bias in the upcoming sessions, supported by the EMA50 that carries the price from below, besides the positive signals provided by stochastic, taking into consideration that breaking 1.3680 will stop the expected rise and press on the price to achieve new decline that its next target reaches 1.3560.

The expected trading range for today is between 1.3680 support and 1.3830 resistance.

The expected trend for today: Bullish

The USDJPY pair surpassed 133.30 level and approached 132.00 barrier, but it bounced bullishly to settle around the first level, noticing that the price begins today positively to move away from this level, which hints heading to start bullish wave that we expect to target 135.40 areas initially.

Therefore, the bullish bias will be suggested for today, supported by stochastic positivity that appears on the four hours’ time frame, being aware that breaking 133.30 will stop the expected rise and press on the price to suffer additional losses that reach 131.75 as a next negative target.

The expected trading range for today is between 133.00 support and 134.50 resistance

The expected trend for today: Bullish