Silver price attempts to breach 31.63$ level, reinforcing the expectations of continuing the bullish trend for the upcoming sessions, waiting to visit 32.05$ followed by 32.86$ levels as next main targets.
The EMA50 supports the suggested bullish wave, which will remain valid conditioned by confirming breaching 31.63$ and building good support base above it.
The expected trading range for today is between 31.20$ support and 32.10$ resistance.
Trend forecast: Bullish
Gold price shows slight bearish bias, noticing that this decline is confined within minor bearish channel that we believe it forms bullish flag pattern, thus, breaching 2821.00$ will provide good positive motive that supports the expectations of continuing the bullish trend in the upcoming period.
Therefore, we will continue to suggest the bullish trend for today unless breaking 2810.00$ and holding below it, reminding you that our next main target is located at 2850.00$.
The expected trading range for today is between 2800.00$ support and 2850.00$ resistance.
Trend forecast: Bullish
The GBPUSD price attempted to break 1.2415$ but it returns to consolidate above it, to keep the bullish trend scenario valid for today, which depends on the price stability above this level, supported by the EMA50 that carries the price from below, reminding you that our main waited target is located at 1.2605$.
The expected trading range for today is between 1.2350$ support and 1.2510$ resistance
Trend forecast: Bullish
The EURUSD price shows new positive trades to attempt to move away from 1.0325$ level, reinforcing the expectations of continuing the bullish trend for the rest of the day, reminding you that our main waited target is located at 1.0455$, while breaking 1.0325$ will stop the suggested bullish wave and push the price to turn to decline.
The expected trading range for today is between 1.0240$ support and 1.0410$ resistance
Trend forecast: Bullish