Gold rose in its recent intraday trading, drawing momentum from its steady movement along a short-term bullish corrective trendline. This bullish path is further supported by its stability above EMA50, which acts as an effective dynamic support and keeps buying pressure in place.

In addition, early positive recovery signals are emerging from the relative strength indicators, after it had previously dropped into deeply oversold levels, reinforcing expectations of continued bullish momentum in the near term.

The (EURUSD) is stabilizing after achieving strong gains during its latest intraday trading, benefiting from dynamic support represented by trading above EMA50. Positive signals also emerging from the relative strength indicators, after the pair managed to ease its previous overbought condition, giving it room to achieve further gains in the near term.

The EURNZD continued forming bullish corrective waves by its stability above %261.8 Fibonacci extension level, recording extra gains by reaching 2.0258.

Forming extra support at 2.0135 level with the attempt of the main indicators to provide extra bullish momentum will increase the chances of targeting extra positive stations by its rally towards 2.0300, then attempts to retest 2.0395 resistance.

The expected trading range for today is between 2.0200 and 2.0300

Trend forecast: Bullish

Natural gas prices repeatedly provided negative closes in the recent period below $3.450 level, activating with the main indicators negativity by reaching $2.820.

By the above image, we notice forming an extra resistance at $3.145 level, to support the chances of resuming the negative attack, to keep waiting for reaching $2.620 support level, which represents a confirmation key for the main trend in the upcoming period, breaking this support and holding below it will force the price to suffer extra losses that might extend in the initial period towards $2.385 and $2.250.

The expected trading range for today is between $2.620 and $3.100

Trend forecast: Bearish