The EMA50 continues to form solid resistance against silver price’s positive attempts, waiting to surpass this level to confirm the continuation of the intraday bullish wave, which targets testing 25.06 level initially, noting that surpassing this level will extend silver price gains to reach 26.00 followed by 26.88.

Therefore, the bullish trend scenario will remain valid and active unless we witnessed clear break and hold below 23.60.

The expected trading range for today is between 23.60 support and 25.30 resistance.

The expected trend for today: Bullish

Gold price settles around 1880.00, and the price needs to get positive motive that assists to push trades to continue rising and move away from 1860.90 level, waiting to head towards 1901.80 followed by 1934.86 levels that represent our main positive targets.

In general, we will continue to suggest the bullish trend for the upcoming period as long as 1860.90 level remains intact, as breaking it represents negative key that will press on the price to suffer new losses that reach 1794.86.

The expected trading range for today is between 1860.00 support and 1910.00 resistance.

The expected trend for today: Bullish

The USDCAD pair did not show any strong move yesterday, to continue fluctuating around 1.3020, and the EMA50 continues to press negatively on the price, while stochastic continues to provide the negative signals on the four hours’ time frame.

Therefore, our bearish overview will remain valid on the intraday and short term basis, which conditions the price stability below 1.3100, reminding you that our targets begin by surpassing 1.2960 to head towards 1.2885.

The expected trading range for today is between 1.2930 support and 1.3080 resistance.

The expected trend for today: Bearish

The USDJPY pair made new attempt to breach 15.20 level but it returns to trade below it, which keeps the chances valid to resume the recently suggested bearish trend, which targets visiting 103.65 areas mainly.

We should note that breaching 105.20 and holding above it will stop the negative scenario and leads the price to achieve new gains that reach 106.00 and 106.44 on the near term basis.

The expected trading range for today is between 104.30 support and 105.70 resistance

The expected trend for today: Bearish