Silver price settles near 23.70 level, noticing that stochastic surpasses its negative momentum clearly, while the EMA50 keeps providing positive support for the price.

Therefore, we believe that the chances are available for surpassing the mentioned level to open the way towards achieving extra gains that reaches 24.60, being aware that the stability of 23.70 level against the positive attempts will force the price to decline to test 23.00 level before any new positive attempt.

The expected trading range for today is between 23.20 support and 24.00 resistance.

The expected trend for today: Bullish

Gold price find it difficult to surpass 1929.00 level, showing slight bearish bias, affected by stochastic negativity that begins to get rid of the negative momentum, waiting for getting a positive motive that assists to push the price to surpass the mentioned level then rally towards 1945.20 as a next positive target.

Until now, we still prefer witnessing positive trading unless breaking 1913.15 level and holding below it, where breaking this level represents a negative factor that will push the price to suffer new losses that reach 1875.00 levels on the near term basis.

The expected trading range for today is between 1910.00 support and 1940.00 resistance.

The expected trend for today: Bullish

The USDCAD pair faced a temporary negative pressure in the last sessions, but it leaned on the breached resistance of the intraday bearish channel that appears in the chart and bounces higher again, to approach from 1.3500 level, waiting for breaching this level to confirm the continuation of the expected bullish wave on the intraday basis, targeting 1.3585 level as a next station.

Therefore, we will keep preferring the bullish trend in the upcoming period unless breaking 1.3425 level and holding below it.

The expected trading range for today is between 1.3420 support and 1.3550 resistance.

The expected trend for today: Bullish

The USDJPY pair shows more bullish bias to attempt to confirm the return to the bullish channel, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, reminding you that our next target is located at 149.00.

Stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected rise, which will remain valid conditioned by the price stability above 147.65.

The expected trading range for today is between 147.65 support and 149.30 resistance

The expected trend for today: Bullish