Silver price managed to break 23.15 level and holding with a daily close below it, which supports the continuation of our bearish trend expectations efficiently in the upcoming period, opening the way towards achieving more of the negative targets that begin at 22.20 and extend to 21.40.

The intraday bearish channel that appears in the image supports the continautio of the expected decline, which requires holding below 23.15 as an initial condition for achieving the suggested negative targets.

The expected trading range for today is between 22.40 support and 23.15 resistance.

The expected trend for today: Bearish

Gold price kept its stability below 1797.00 level, and faces a strong support line that decelerates the price mission to decline, therefore, it needs to break 1783.00 to open the way toward achieving our initial waited negative target at 1770.00.

In general, we keep preferring the bearish trend in the upcoming period if the price remained stable below 1797.00, pointing that the EMA50 keeps supporting the expected bearish wave.

The expected trading range for today is between 1770.00 support and 1805.00 resistance.

The expected trend for today: Bearish

The USDCAD pair shows negative trades to test the support base formed above 1.2725 after breaching it previously, accompanied by stochastic move at the oversold areas, waiting to motivate the price to resume the main bullish trend, which gets continuous support by the EMA50, reminding you that the next main target extends to 1.2950.

Note that breaking 1.2725 and holding below it will stop the positive scenario and press on the price to turn to decline.

The expected trading range for today is between 1.2680 support and 1.2820 resistance.

The expected trend for today: Bullish

The USDJPY pair continues to fluctuate between the trend keys represented by 113.07 support and 114.15 resistance, which keeps our neutrality valid until now, waiting to breach one of these levels to detect the next trend clearly.

We remind you that breaking the mentioned support will push the price to visit the next correctional level at 112.30 direct, while breaching 114.15 will lead the price to regain the bullish trend that targets 115.50 initially.

The expected trading range for today is between 113.00 support and 114.40 resistance

The expected trend for today: Depends on the above mentioned levels