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Forecast update for Gold -09-06-2026
Gold keeps declining in recent intraday sessions to break$4,200 support, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the negative and dynamic pressure that is represented by its trading below EMA50, besides the continuation of the negative signals emergence from the relative strength indicators, despite reaching oversold levels, as a signals for the strength of the dominance selling powers on the price.
The AUDCAD begins the corrective decline– Forecast today – 10-6-2026
The AUDCAD confirmed its surrender to the dominance of the bearish corrective trend by its stability below the resistance at 0.9980, forming several bearish corrective waves and approaching the initial target at 0.9775.
MoreThe EURJPY reaches the initial target– Forecast today – 10-6-2026
The EURJPY pair benefited from the main indicators’ positivity, keeping their stability above 184.25 support, forming several bullish waves, achieving the initial targets by reaching 185.45.
MoreThe GBPJPY presses on the barrier– Forecast today – 10-6-2026
The GBPJPY pair returned to settle near 214.50 level, affected by the attempt of providing bullish momentum by the main indicators, to delay the bearish corrective attempts temporarily, facing positive momentum will ease the mission of breaching the current barrier, to begin targeting some bullish stations by its rally towards the resistance at 215.50.
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