Silver price found solid resistance at 24.60 level, to show some temporary bearish bias, noticing that stochastic got rid of its negative momentum to fluctuate near the oversold areas, to motivate the price to resume the positive trades, waiting to breach the mentioned level to open the way to head towards 25.00 followed by 25.50 levels as next positive stations.

Therefore, the bullish trend scenario will remain valid and active for the upcoming period, noting that breaking 24.10 will put the price under additional negative pressure to test 23.70 areas before any new positive attempt.

The expected trading range for today is between 24.00 support and 24.70 resistance.

Trend forecast: Bullish

Gold price provided additional positive trades to approach our new targe tat 2200.00, and it needs to gather new positive momentum that assists to push the price to achieve more gains in the upcoming period, noting that surpassing the mentioned level will extend the bullish wave to reach 2260.00 areas as a next main station.

The EMA50 continues to support the price from below and reinforce the chances of achieving more rise on the intraday and short-term basis, noting that breaking 2144.60 will stop the bullish wave and push the price to start bearish correction that its targets begin by testing 2115.00 areas.

The expected trading range for today is between 2160.00 support and 2200.00 resistance.

Trend forecast: Bullish

The USDCAD price bounced upwards clearly to approach the key resistance 1.3505, noticing that stochastic lost its positive momentum and begins to overlaps negatively now, which supports the chances of resuming the correctional bearish wave and head to achieve new negative targets in the upcoming sessions.

Therefore, we expect to witness bearish bias today, and the targets begin by surpassing 1.3445 to open the way to head towards 1.3392, noting that breaching 1.3505 will stop the current bearish correction and push the price to regain the main bullish trend again.

The expected trading range for today is between 1.3410 support and 1.3550 resistance.

Trend forecast: Bearish

The USDJPY price found solid support at 38.2% Fibonacci correction level at 146.80, accompanied by witnessing positive signals through RSI, which leads the price to attempt to recover and build intraday bullish wave, and we suggest heading to test 148.37 areas in the upcoming sessions.

Therefore, the bullish bias will be expected for today, and breaching 147.25 will ease the mission to rise, taking into consideration that breaking 146.80 will stop the bullish wave and push the price to resume the bearish correction and target 145.60 areas as a next correctional station.

The expected trading range for today is between 146.40 support and 148.00 resistance

Trend forecast: Bullish