The price of (Gold) settled in its last intraday trading, getting ready to attack the key resistance at $4,155, which represented potential target in our previous analysis, supported by its continuous trading above EMA50, and under the dominance of minor bullish wave on the short-term basis and its trading alongside trendline, on the other hand, we notice the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, which reduced the last gains due to its neediness to offload these overbought conditions.

The price of (EURUSD) rose in its last intraday trading, taking advantage of the positive signals that appear in the relative strength indicators, indicating an improvement in the supportive momentum for the price movement, amid the continuation of the pair’s attempts to reinforce its recovery after limited previous declines.

The price gets extra support from its stability above EMA50, reinforcing the continuation of the bullish corrective wave on the short-term basis, and raises the possibilities for completing the upside track in the upcoming sessions, if the price settled above this dynamic key support. 

The CADJPY succeeded in providing new positive close above 38.2%Fibonacci corrective level at 109.30, to notice its rally to the upside and its stability near 110.00, confirming the main bullish scenario.

Stochastic approach from 80 level will provide extra bullish momentum, which makes us keep the bullish scenario, which might target extra stations that begin at 110.50 reaching 111.05.

The expected trading range for today is between 109.60 and 110.50

Trend forecast: Bullish

Natural gas price faced difficulty by surpassing $4.520 level, forming extra barrier against the bullish rally, which forced it to form some mixed trading by its stability near $4.380.

Reminding you that the stability of the trading within the main bullish channel’s levels that appear in the above image, besides forming extra support at $4.200 level, these factors make us keep the bullish suggestion, to repeat the attempts of breaching the current obstacle and recording extra gains that might begin at $4.750 reaching the near period at $4.910.

The expected trading range for today is between $4.200 and $4.520

Trend forecast: Fluctuated within the bullish track