Gold settles on gains in its last intraday trading, supported by the emergence of the positive signals from the relative strength indicators, to draw a clear bullish trend line on the short-term basis, especially with its trading alongside supportive trend line for this path, beside surpassing EMA50’s resistance, getting rid of its negative pressure, to reinforce the chances of extending these gains in the near upcoming period, especially when breaching the current resistance levels.

The EURUSD pair witnessed fluctuated trading at its last intraday levels, with the stability of the stubborn resistance at 1.1430, to attempt to gain bullish momentum that might help it to breach this resistance, attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of negative signal from them, supported by its trading above EMA50, which represents a support base that reinforces this breach, especially with its trading within bullish corrective channel’s range on the short-term basis.

The CHFJPY's price benefited from its stability above 200.45 support, to begin forming bullish waves, recording some gains by its stability near 201.35.

Note that the fluctuation of the moving average 55 near the mentioned support confirms the price confinement within the bullish trend, accompanied by stochastic positivity, which makes us prefer more bullish attempts that might target 201.70 and 202.10.

The expected trading range for today is between 200.90 and 210.70

Trend forecast: Bullish

The EURJPY pair kept its positive stability above 184.80 level, forming a new bullish rally and achieving 185.70 level, which forces it to form some sideways trading due to its fluctuation below 185.85 barrier.

By the above image, we notice the attempt of stochastic to reach the overbought level, providing a chance for renewing the pressure on the current barrier, where surpassing it will confirm its readiness to record extra gains by its rally towards 186.20 and 186.60.

The expected trading range for today is between 185.25 and 186.20

Trend forecast: Bullish