Silver prices are extending their gains in their last intraday trading, reaching $98.00 key resistance, which represents clear target in our previous analysis, recording new all-time highs that indicate the strength of the bullish momentum and dominance of the buyers.

This comes amid the dominance of the main bullish trend on short-term basis, with the trading alongside supportive trend line for this trend, supported by the dynamic support due to its trading above EMA50, besides the emergence of positive signals from the relative strength indicators, reinforcing the chances of resuming the rise with potential natural fluctuations on near-term basis.

Therefore, we suggest a rise in silver prices in their upcoming intraday trading, when breaching $98.00 resistance, targeting its next resistance at $102.00, passing by the psychological resistance at $100.00.

The expected trading range is between $94.00 support and $102.00 resistance.

Today’s forecast: Bullish

Gold surged strongly in its last intraday trading, to breach $4,900 main resistance for the first time ever, which represents an expected target in our previous analysis, confirming the continuation of the bullish momentum and the dominance of the buyers.

This strong performance is supported by the continuation of the dynamic support due to the trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis, especially with its trading alongside minor supportive bullish trend line for this trend, accompanied by the emergence of positive signals from relative strength indicators, despite reaching overbought levels, which might open the way for limited fluctuation without changing the main bullish trend. 

Therefore, we expect gold to rise in upcoming intraday trading, conditioned by stability above $4,900, to move towards the main resistance at $5,000.

The expected trading range is between $4,850 support and $5,000 resistance.

Today’s forecast: Bullish

The (EURUSD) price declined slightly on the intraday basis, after reaching 1.1755 key resistance, which represents suggested target in our previous analysis, to begin gathering the gains of its last rises, amid its attempts to rearrange its technical structure and gaining new bullish momentum that might help it to breach this resistance.

This performance is accompanied by the continuation of positive support due to its trading above EMA50, besides the dominance of steep minor bullish wave on short-term basis, indicating the strength of the dominant bullish momentum despite this limited decline.

Therefore, we suggest a rise in (EURUSD)price’s upcoming intraday trading, especially when breaching 1.1755 resistance, to target 1.1800 key resistance.

The expected trading range is between 1.1700 support and 1.1800 resistance.

Today's forecast: Bullish

The (BTCUSD) price declined in its last intraday trading, due to the stability of the key resistance at $90,000, surrendering to the negative pressure due to the continuation of its trading below EMA50, forming negative divergence on relative strength indicators, after reaching exaggerated overbought levels compared to the price move, with the emergence of the negative signals from there.