Silver price resumes its negative trading to approach our first waited target at 33.04$, and the way seems open to surpass this level and achieve additional negative targets that reach 32.50$, to keep the bearish trend valid and active for the rest of the day, reminding you that the continuation of the bearish wave depends on the price stability below 33.70$.

The expected trading range for today is between 32.90$ support and 33.80$ resistance.

Trend forecast: Bearish

Gold price shows new negative trades to start attempts to break 2722.00$ level, reinforcing the expectations of continuing the domination of the bearish trend for the rest of the day, paving the way to achieve negative targets that start at 2700.00$, to keep the negative scenario suggested for the upcoming sessions, taking into consideration that failing to consolidate below 2722.00$ will push the price to start recovery attempts that target testing 2740.00$ areas initially.

The expected trading range for today is between 2700.00$ support and 2740.00$ resistance.

Trend forecast: Bearish

The GBPUSD price didn’t show any strong move since morning, thus, no change the expected bearish trend scenario for today, which depends on the price stability below 1.3000$, noting that we are waiting to visit 50% Fibonacci correction level at 1.2866$ as a next negative station.

The expected trading range for today is between 1.2890$ support and 1.3030$ resistance

Trend forecast: Bearish

The EURUSD price fluctuates within tight track since morning, settling above 1.0800$ barrier, waiting to get positive motive that assist to resume the expected correctional bullish wave for today, which its targets begin at 1.0866$ and extend to 1.0930$.

In general, we will continue to suggest the bullish trend for today unless breaking 1.0760$ and holding below it.

The expected trading range for today is between 1.0750$ support and 1.0910$ resistance

Trend forecast: Bullish