Silver price hovers around 27.62$ level to keep our neutrality valid until now, waiting to get clearer signal for the next trend, to continue monitoring the price according to this level.
To review the expected targets for the upcoming period, please review our morning issued report.
The expected trading range for today is between 27.10$ support and 28.15$ resistance.
Trend forecast: Neutral
Gold price didn’t any strong move since morning, thus, no change to the expected bullish trend scenario for today, which targets 2450.00$ followed by 2483.40$ as next main stations, reminding you that the continuation of the bullish wave requires holding above 2396.50$.
The expected trading range for today is between 2400.00$ support and 2445.00$ resistance.
Trend forecast: Bullish
The GBPUSD price continues to fluctuate around 1.2760$ and attempts to consolidate below it, to keep the bearish trend scenario valid until now, supported by the negative pressure formed by the EMA50, waiting to head towards 1.2670$ as a first station, reminding you that the continuation of the bearish wave requires holding below 1.2760$ and 1.2790$.
The expected trading range for today is between 1.2670$ support and 1.2820$ resistance.
Trend forecast: Bearish
The EURUSD price shows slight bullish bias to crawl towards 1.0947$, and as long as the price is below this level, our bearish overview will remain valid for today, supported by stochastic loss to the positive momentum, reminding you that our main waited target is located at 1.0805$.
The expected trading range for today is between 1.0840$ support and 1.0990$ resistance.
Trend forecast: Bearish