Silver price continues to fluctuate at 25.50 level and keeps its stability below it, as the EMA50 meets this resistance to add more strength to it, which supports the chances of bouncing bearishly to resume the correctional bearish trend, which its next target located at 22.87.

Therefore, our bearish overview will remain valid and active unless breaching 25.50 level and holding with a daily close above it.

The expected trading range for today is between 24.70 support and 25.80 resistance.

The expected trend for today: Bearish

Gold price continued to rise to test the resistance line that appears on the chart, retracing the decline that started from 1959.30 areas, as it faces good resistance formed by 23.6% Fibonacci correction level at 1850.80, and the EMA50 meets this resistance to add more strength to it.

Therefore, we believe that the chances valid to rebound bearishly and resume the expected bearish trend for the upcoming period, which targets 1800.00 as a next station, noting that breaching 1850.80 will push the price to achieve more bullish correction and head towards 1871.55 direct.

The expected trading range for today is between 1820.00 support and 1860.00 resistance.

The expected trend for today: Bearish

The USDCAD pair continues to decline to approach the key support 1.2688, to support the continuation of the expected bearish trend for the upcoming period, waiting to break this support to confirm extending the bearish wave towards 1.2475.

The bearish channel organizes the suggested bearish wave, which will remain valid unless the price rallied to breach 1.2780 and hold above it.

The expected trading range for today is between 1.2640 support and 1.2770 resistance.

The expected trend for today: Bearish

The USDJPY pair could not manage to hold for long time above the resistance line that appears on the chart, to trade negatively and approach the key support 103.65, which brings us back to the neutrality until the price confirms breaking the mentioned support or breaching 104.10 resistance to detect its next trend clearly.

Note that breaking the mentioned support will press on the price to resume the main bearish trend that its next target located at 102.50, while breaching the resistance represents the key to start recovery attempts that target 105.20 areas initially.

The expected trading range for today is between 103.00 support and 104.50 resistance

The expected trend for today: Neutral