Silver price shows calm positive trading to move away gradually from the bullish channel’s support, therefore, our bullish trend expectations will remain valid in the upcoming period, getting continuous support from the EMA50, waiting for visiting 29.00 level as a next main station, reminding you that the continuation of the bullish wave requires holding above 27.65.

The expected trading range for today is between 27.65 support and 28.60 resistance.

The expected trend for today: Bullish

Gold price provided slight negative trades but it returns to rise and move away from 1900.00 barrier, to keep the bullish trend scenario valid and active in the upcoming period, targeting 1928.60 level as a next main station, pointing that stochastic current negativity might cause a temporary sideways fluctuation before resuming the expected rise.

On the other hand, you should be aware that holding above 1890.00 is important for the continuation of the suggested bullish wave.

The expected trading range for today is between 1890.00 support and 1935.00 resistance.

The expected trend for today: Bullish

The USDJPY pair provided extra negative trading to test the intraday bullish channel’s support and bounces higher from there, keeping the bullish trend scenario valid and active in the upcoming period, supported by stochastic and the EMA50 positivity, waiting for heading to 111.05 level that represents our next main target.

You should be aware that the continuation of the bullish wave depends on the stability above 109.22 level.

The expected trading range for today is between 109.20 support and 110.30 resistance

The expected trend for today: Bullish

The GBPUSD pair trades with strong positivity to test the critical resistance at 1.4238, which represents one of the next trend keys besides 1.4095 support, and as we mentioned in our last report the price needs to surpass one of these levels to detect its next trend clearly, which makes us remain neutral until now.

Note that the continuation of the rise and breaching the mentioned resistance will lead the price to achieve gains that begin at 1.4375, while breaking the support will put the price under negative pressure that targets 1.4035 then 1.3900 levels mainly.

The expected trading range for today is between 1.4150 support and 1.4320 resistance.

The expected trend for today: Depends on the above-mentioned levels