Silver price tests the support line formed at 22.40, and the price needs to break this level to return to the bearish channel that appears on the chart followed by reinforcing the chances of continuing the decline on the intraday basis.

Until now, we will continue to suggest the bearish trend for the upcoming period as long as 22.90 level remains intact, reminding you that our first main target is located at 21.65.

The expected trading range for today is between 22.00 support and 22.80 resistance.

The expected trend for today: Bearish

Gold price found solid resistance at 1770.00 level, and couldn’t breach it, to start declining by today’s open, which keeps our bearish overview valid for the upcoming period, and the price needs to break 1755.00 to ease the mission of heading towards our main expected target at 1735.00.

Stochastic negativity supports the suggested decline, taking into consideration that breaching 1770.00 will stop the expected decline and lead the price to turn to rise.

The expected trading range for today is between 1740.00 support and 1775.00 resistance.

The expected trend for today: Bearish

The USDCAD pair broke 1.2600 level strongly and closed the daily candlestick below it, to activate the bearish trend scenario for the upcoming period, targeting visiting 1.2495 mainly.

The EMA50 supports the expected decline, noting that breaching 1.2665 will stop the negative scenario and lead the price to start new recovery attempts.

The expected trading range for today is between 1.2550 support and 1.2665 resistance.

The expected trend for today: Bearish

The USDJPY pair kept its stability above 110.95, and begins to provide positive trades now, to support the continuation of the expected bullish trend for the upcoming period, which targets 112.05 mainly.

The EMA50 supports the expected rise, which will remain valid unless breaking 110.95 and holding below it.

The expected trading range for today is between 110.60 support and 111.90 resistance

The expected trend for today: Bullish