Silver price is testing the key resistance 30.63$ now, which urges caution from the upcoming trading, as the price needs to hold below this level to keep the bearish trend scenario active for today, as breaching it represents the key to build bullish wave that targets 31.63$ initially, while the next negative target of the expected bearish wave is located at 29.63$.

The expected trading range for today is between 30.00$ support and 30.85$ resistance.

Trend forecast: Bearish

Gold price didn’t show any strong move since morning, and it might show some bullish bias affected by stochastic current positivity, but as long as the price is below 2680.00$, our bearish overview will remain valid for today, and the price needs to break 2640.00$ to confirm opening the way to head towards our next negative targets that start at 2615.00$ followed by 2600.00$.

The expected trading range for today is between 2630.00$ support and 2670.00$ resistance.

Trend forecast: Bearish

The GBPUSD price shows weak trades since morning, settling around 1.2635$ level, thus, no change to the expected bearish trend scenario for today, which depends on the price stability below 1.2735$, reminding you that our targets begin at 1.2566$ and extend to 1.2500$ after breaking the previous level

The expected trading range for today is between 1.2550$ support and 1.2700$ resistance

Trend forecast: Bearish

The EURUSD price shows some slight bearish bias now, accompanied by stochastic move inside the overbought areas, waiting to motivate the price to decline for the rest of the day, reminding you that we are waiting to break 1.0475$ to confirm heading towards 1.0400$, noting that the continuation of the bearish wave depends on the price stability below 1.0563$ level.

The expected trading range for today is between 1.0430$ support and 1.0580$ resistance

Trend forecast: Bearish