Silver price provided additional positive trades this morning, approaching our new awaited target at 26.60$. However, the price is now declining after losing the positive momentum, experiencing some temporary bearish correction.
The expected trading range for today is between 25.90$ support and 26.70$ resistance.
Trend forecast: Bullish
Gold price faces negative pressure now, approaching testing the key support base of 2260.00$. As we mentioned this morning, the price needs to hold above this level to keep the bullish trend valid for today, as breaking it will put the price under additional negative pressure to suffer intraday losses that reach 2205.70$.
The expected trading range for today is between 2270.00$ support and 2305.00$ resistance.
Trend forecast: Bullish
The GBPUSD price hovers around the 1.2580$ level and attempts to consolidate below it, to keep our bearish overview for today, supported by the negative pressure formed by the EMA50, waiting to visit 1.2480$ as the next main target.
The expected trading range for today is between 1.2480$ support and 1.2640$ resistance.
Trend forecast: Bearish
The EURUSD price shows weak trades since morning, and continues to move around the 1.0765$ level. It needs to trade below this level to revive the expected bearish trend scenario for the upcoming period, with its next target located at 1.0645$.
The expected trading range for today is between 1.0680$ support and 1.0840$ resistance.
Trend forecast: Bearish