The price of (Gold) rose in its last intraday trading, attempting to recover some of its previous losses, and it attempts to offload some of its clear overbought conditions that appear on the (RSI), especially with the appearance of the positive overlapping signals from there, amid the continuation of the negative pressure that comes from its trading below EMA50, under the dominance of the bearish correctional trend on the short-term basis, and its trading alongside a bias line.

The price of (EURUSD) declined in its recent intraday levels, amid the dominance of bearish correctional wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, on the other hand, we notice the emergence of positive signals on the (RSI), which decelerated the last losses.

The CADJPY achieved clear breach of 50%Fibonacci correction level at 106.40, to confirm its readiness to resume the suggested main bullish trend, achieving clear gains by reaching 107.53.

Note that the continuation of the main indicators unionism by providing positive momentum and being above 106.60 will increase the efficiency of the bullish track, to prefer targeting 108.00 level reaching 108.45.

The expected trading range for today is between 107.00 and 108.00

Trend forecast: Bullish

Natural gas prices haven’t moved anything since yesterday’s trading, to notice providing repeated closes below the barrier that is represented by $3.600 level, to confirm its surrender to the suggested bearish correctional scenario by its fluctuation near $3.340 level.

Providing negative momentum by the main indicators will increase the chances for forming some negative trading, attempting to reach $3.205 then target the critical support at $3.050.

The expected trading range for today is between $3.050 and $3.450

Trend forecast: Bearish