Forecast update for Gold - 08-09-2026

The EURUSD pair declined in its latest intraday trading, affected by the emergence of the negative signals from the relative strength indicators after forming negative divergence, which failed the early attempts of the pair to decline, leaning on EMA50’s support, amid the continuation of the main bullish trend on the short-term basis and its trading alongside supportive trend line for this path.

The CHFJPY resumed its bearish trend due to its stability below 192.30 level, suffering big losses by reaching 189.10, to face a strong historical support level, represented by previous liquidity sweep zones as appeared in the above image.

No escape for natural gas price from forming new bullish waves, due to the positive factors that are represented by the stability above the main support level at $2.620, besides providing positive momentum by stochastic in the current period.