Silver price succeeded to touch our first waited target at 23.15 and found solid support there, to show some temporary bullish bias, and we expect to resume the bearish bias to break this level and open the way to visit 22.20 as a next negative station.

The EMA50 supports the expected decline, taking into consideration that failing to break 23.15 will push the price to achieve intraday gains and test 24.20 areas before any new attempt to decline.

The expected trading range for today is between 22.80 support and 23.70 resistance.

The expected trend for today: Bearish

Gold price ended last Friday below 1797.00 level, to reactivate the bearish trend scenario, waiting to visit 1770.00 as a first negative target.

The EMA50 forms strong negative pressure that supports the continuation of the expected decline, noting that breaking the targeted level will extend the bearish wave to reach 1735.00 as a next station, while breaching 1797.00 represents the key to start new recovery attempts that target testing 1825.15. areas initially.

The expected trading range for today is between 1770.00 support and 1810.00 resistance.

The expected trend for today: Bearish

The USDCAD pair succeeded to breach 1.2725 and hold above it, to build good support base that supports the continuation of the main bullish trend, which its next target located at 1.2950.

The EMA50 keeps supporting the suggested bullish wave, noting that breaking 1.2725 will put the price under intraday negative pressure that targets testing 1.2590 areas before any new attempt to rise.

The expected trading range for today is between 1.2680 support and 1.2820 resistance.

The expected trend for today: Bullish

The USDJPY pair surpassed our waited target at 114.00 to achieve bearish correction for the rise measured from 109.12 to 115.52, as it touched 38.2% Fibonacci level at 113.07 and attempts to recover now, supported by stochastic positivity, but it faces negative pressure formed by the EMA50.

Therefore, we prefer to stay neutral until we get clearer signal for the next trend, noting that breaking 113.07 will press on the price to achieve more bearish correction that its next target reaches 112.30, while breaching 114.15 represents the key to return to the bullish track that its first main target located at 115.50.

The expected trading range for today is between 113.00 support and 114.40 resistance

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