Silver price managed to break 31.63$ level and hold below it, reinforcing the expectations of continuing the domination of the bearish trend in the upcoming sessions, waiting to visit 30.63$ that represents our next main target.

Stochastic overlaps negatively to add more support to the expectations to decline, noting that it is important to hold below 31.63$ to continue the suggested negative scenario.

The expected trading range for today is between 31.10$ support and 32.00$ resistance.

Trend forecast: Bearish

Gold price shows more bearish bias to approach 2675.00$ level, waiting to surpass this level to confirm opening the way to head towards our next negative target at 2647.70$.

Therefore, we will continue to suggest the bearish trend on the intraday basis, supported by stochastic negativity that appears clearly now, reminding you that the continuation of the bearish wave conditions holding below 2718.80$.

The expected trading range for today is between 2670.00$ support and 2718.00$ resistance.

Trend forecast: Bearish

The GBPUSD price shows new negative trades to support the continuation of the negative scenario in the upcoming sessions, and the way is open to achieve our first target at 1.2866$, noting that breaking it will push the price towards 1.2735$ as a next correctional target, while the expected decline will remain valid unless the price rallied to breach 1.3000$ and hold with a daily close above it.

The expected trading range for today is between 1.2880$ support and 1.3050$ resistance

Trend forecast: Bearish

The EURUSD price continues to decline to move away from 1.0806$ level and reinforce the expectations of continuing the bearish trend for the rest of the day, waiting for more decline that targets 1.0680$ followed by 1.0600$ levels as next main stations, reminding you that the continuation of the bearish wave depends on the price stability below 1.0806$.

The expected trading range for today is between 1.0695$ support and 1.0850$ resistance

Trend forecast: Bearish