The price of gold is experiencing fluctuating trading on its last intraday levels, amid the stability of the key resistance at $5,200, attempting to gain bullish momentum that might help it to breach this resistance, leaning on EMA50’s support and under the dominance of bullish wave on short-term basis and its trading alongside supportive trend line for this path, besides the relative strength indicators’ reaching exaggerated oversold levels compared to the price move, indicating the beginning of forming positive divergence that intensifies the chances of moving higher.

The price of EURUSD declined in its last intraday trading, due to the stability of the key resistance at 1.1650, with the continuation of the negative and dynamic pressure that is represented by its trading below EMA50, amid the dominance of the main bearish trend on short-term basis, noticing the emergence of the negative signals from the relative strength indicators, noticing that they reached oversold level, exaggeratedly compared to the price move, to indicate entering a new bullish momentum that might limit its upcoming losses.

CADCHF settles above the extra support at 0.5595, to begin forming bullish corrective waves, achieving some of the previously suggested gains by reaching 0.5765.

Despite the contradiction of the main indicators, stochastic rally above 50 level might motivate the price to resume the corrective attempts by surpassing 0.5780 level, to target extra positive stations that begin at 0.5830 reaching 0.5900 resistance.

The expected trading range for today is between 0.5685 and 0.5830

Trend forecast: Bullish

Natural gas prices ended the last bullish attempts by testing $3.450 barrier, to activate with the moving average 55 negativity, by its decline towards $3.050, to confirm the negative scenario until this moment.

The continuation of facing negative pressures will increase the chances of attacking $2.850 level, and surpassing it will confirm its readiness to resume the negative attempts, t reach the next support at $2.630.

The expected trading range for today is between $2.850 and $3.250

Trend forecast: Bearish