Silver price retested 23.15 level and kept its stability above it, noticing that stochastic got rid of its negativity and begins to overlap positively now, expecting to motivate the price to resume the expected bullish trend on the intraday basis, which targets 24.20 initially.

Therefore, the positive scenario will remain suggested for the upcoming period unless breaking 23.15 and holding below it.

The expected trading range for today is between 23.00 support and 23.90 resistance.

The expected trend for today: Bullish

Gold price settles around 1770.00 level, keeping its stability below it, to keep the chances valid to continue the bearish trend in the upcoming sessions, waiting to head towards 1734.00 that represents our next main station.

Therefore, we will continue to suggest the bearish trend on the intraday basis, noting that breaching 1770.00 and holding above it might push the price to test 1797.00 before any new attempt to decline.

The expected trading range for today is between 1745.00 support and 1780.00 resistance.

The expected trend for today: Bearish

The USDCAD pair hovers around 1.2365, noticing that stochastic lost its positive momentum and begins to provide negative signals now, waiting to motivate the price to resume the correctional bearish trend, which its next target located at 1.2230.

The EMA50 continues to support the suggested bearish wave, which will remain valid unless the price rallied to breach 1.2495 and hold above it.

The expected trading range for today is between 1.2300 support and 1.2450 resistance.

The expected trend for today: Bearish

The USDJPY pair surpassed our first waited target at 114.00 and fluctuates around the bullish channel’s resistance, and begin the attempts to gather the positive momentum on the intraday basis, waiting to get positive motive that assists to push the price to continue the rise, noting that our next target is located at 114.70.

Holding above 113.70 is important to continue the bullish trend, as breaking it will press on the price to test the bullish channel’s support line around 112.75 before any new attempt to rise.

The expected trading range for today is between 113.70 support and 115.00 resistance

The expected trend for today: Bullish