The price of (Silver) declined in its last intraday trading, amid its confinement between the negative pressure that comes from its trading below its EMA50, and a minor bullish trend line on the short-term basis, which provides positive momentum, with the emergence of the positive signals on the (RSI).

The price of (Gold) settled high in its last intraday trading, after its approach from our morning target at the main resistance at $3,300, supported by the emergence of the positive signals on the (RSI), to notice reaching overbought levels, to indicate losing the positive momentum that is around the price, amid the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure due to its trading below EMA50.

The price of (EURUSD) declined in its recent intraday levels, amid the stability of the significant resistance level 1.1745, attempting to gain positive momentum that might assist it to breach this resistance, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above EMA50, besides the emergence of the positive signals on the (RSI).

Coffee price continued forming strong negative trading, to face 50%Fibonacci correctional level, which forms a strong support at 292.85, then bounces quickly towards 302.05 as appears in the above image.

We expect forming some mixed trading, but its repeated stability above the current support will  reinforce the chances for gathering the positive momentum and begin recovering the losses by targeting 313.60 level, reaching the barrier at 327.05.

The expected trading range for today is between 395.00 and 313.60

Trend forecast: Bullish