The price of (silver) rose in its last intraday trading, to keep moving alongside a minor bullish trend on a short-term basis, supported by the emergence of the positive signals on the (RSI), succeeding to surpass the resistance of EMA50, surpassing its negative pressure, to settle above the critical resistance at $36.30, announcing its ability to achieve more of the gains.

The price of (Gold) extended its gains in its last intraday trading, to exit the range of bearish correctional channel that limits its previous trading on the short-term basis, providing more of the positive momentum that assisted it to surpass the resistance of its EMA50, to surpass all the negative pressures, announcing its full recovery, especially with the emergence of the positive signals on the (RSI), despite reaching overbought levels.

The price of (EURUSD) continued the rise in its recent intraday levels, to reach our target at 1.1815, amid the dominance of the main bullish trend and its trading alongside minor and main bias lines that indicates the strength of the bullish momentum, with the continuation of the positive pressure due to its trading above EMA50, on the other hand, we notice the beginning of the negative signs on the (RSI), after reaching overbought levels which might decelerate the upcoming upside trading.

The GBPCHF price kept its negative stability below the resistance of the minor bearish channel at 1.1030 in the last trading, activating recently with the negative pressures and forming a strong negative decline, achieving the initial target at 1.0870.

Stochastic attempts to exit the oversold level might force the price to provide some mixed trading, but its stability below the extra barrier at 1.0935 level makes us wait for gathering the required extra negative momentum for resuming the decline and reaching the next target near 1.0825.

The expected trading range for today is between 1.0825 and 1.0910

Trend forecast: Bearish