The price of (Gold) jumped higher in its last intraday trading, to breach the main resistance level at $4,300, this resistance represents our expected target in our previous analysis, supported by its continued trading above EMA50, with its trading alongside minor trend line on the short-term basis, on the other hand, we notice that the relative strength indicators have reached overbought levels, reducing the gains of the precious metal upcoming trading.

The price of (EURUSD) declined in its last intraday trading, amid the emergence of the negative signals on the relative strength indicators, after looking for rising low to take is as a base to rise again and recover, amid the dominance of the main bullish trend and its trading alongside minor trend line that supports this trend.

The CHFJPY took advantage of its stability within the bullish channel’s levels, besides forming extra support at 193.35 level, which allows it to record new gains by its rally towards 195.85.

Reaching overbought level by stochastic and the stability of the trading above 194.60 reinforces the chances of resuming the bullish attack, attempting to record extra gains that begin at 196.40 and 197.60.

The expected trading range for today is between 195.20 and 196.40

Trend forecast: Bullish

Natural gas price succeeded in resuming the bearish corrective attack, targeting extra support level at $4.200, reminding you that monitoring the price behavior now to confirm the expected targets in the upcoming trading.

The stability above this support will push it to begin forming bullish waves, to target $4.550 level reaching 38.2%Fibonacci correction level near $4.750, while breaking the current support will ease the mission of pressing on the bullish channel’s support at $3.950, increasing the chances of moving to the negative scenario in the upcoming period trading.

The expected trading range for today is between $4.200 and $4.550

Trend forecast: Bullish