The price of (silver) rose slightly in its last intraday trading, preparing to attack the solid resistance at $92.00, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the dominance and stability of the main bullish trend on a short-term basis, especially with its trading alongside supportive trend line, accompanied by the relative strength indicators reach to oversold levels, exaggeratedly compared to the price move, to approach a new bullish momentum that might support its rise in the upcoming period.

The price of gold continued its fluctuating trading in its last intraday levels, attempting to record new all- time highs, to keep the main bullish trend on the short-term basis, amid ist trading alongside main trend line with its trading within minor channel’s range that supports this trend, besides the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery on the near-term basis, especially with the emergence of positive overlapping signals from the relative strength indicators, after reaching oversold levels.

The price of EURUSD rose in its last intraday trading, to attempt to recover some previous losses, offloading its oversold conditions on the relative strength indicators, to enter exaggerated overbought levels compared to the price, indicating a quick decline for this bullish momentum, amid the continuation of the negative pressure due to its trading below EMA50, with its trading on the short-term basis.

The CADJPY activated the attempts of gathering gains after recording 114.70 level, activating with stochastic negativity by targeting extra support near 113.70 to settle above it.

Depending on the stability of this support, to begin gathering bullish momentum to renew the bullish attempts, which might target 114.20 level then attempt to breach the barrier at 114.40 to confirm the continuation of the positivity in the upcoming trading.

The expected trading range for today is between 113.80 and 114.20

Trend forecast: Bullish