Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Forecast update for gold -12-05-2025

Economies.com
2025-05-12 09:57AM UTC

The price of (gold) declined in its last intraday trading, affected by breaking a bullish bias line on the short-term basis, with the continuation of the negative pressure due to its trading below its EMA50, breaking the support level at $3,250, amid the emergence of the negative signals on the (RSI).

 

 

 

Forecast update for USDJPY -12-05-2025

Economies.com
2025-05-12 09:57AM UTC

The price of (EURUSD) slides lower in its last intraday trading, amid the dominance of the bearish correctional trend and its trading alongside a bias line, with the emergence of the negative signals on the (RSI), reaching our morning target at 1.1145, representing 50%Fibonacci correction level for the last bullish wave on the short-term basis (from 1.0730 to 1.1572)

The CADCHF awaits the negative momentum– Forecast today – 12-5-2025

Economies.com
2025-05-12 05:20AM UTC

CADCHF repeatedly provide weak sideways trading by its stability near 0.5985, keeping its main stability within the main bearish channel’s levels that appear in the above image.

 

Note that the stability of the extra barrier at 0.6025 confirms the bearish scenario continuation, to keep waiting for extra negative momentum gathering, then begin targeting negative stations by reaching 0.5910 followed by the next target at 0.5845.

 

The expected trading range for today is between 0.5910 and 0.6020

 

Trend forecast: Bearish

 

Natural gas price receives the positive momentum– Forecast today – 12-5-2025

Economies.com
2025-05-12 05:20AM UTC

Natural gas price kept its fluctuation near the extra barrier at $3.780 level, taking advantage of providing positive momentum by the stability of moving average 55 near $3.580, forming a new extra support, besides a stochastic reach to the overbought level.

 

All these factors make us expect to increase the chances of achieving the extra barrier, to open the way towards recording the suggested positive targets near $3.910 and $4.050.

 

The expected trading range for today is between $3.610 and $3.910

 

Trend forecast: Bullish