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Forecast update for gold -17-04-2026.
Gold price is moving within limited range of tight sideways trading during its recent intraday trading, amid its attempts to gain bullish momentum that might help it recover and rise again, to remain stable on bullish corrective trend line on short-term basis, noticing the emergence of positive signals from the relative strength indicators, after reaching oversold levels.
Forecast update for EURUSD -17-04-2026.
The EURUSD pair rose in its recent intraday trading, attacking 1.1790 resistance, amid the dominance of the bullish trend on short-term basis, with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of extending these gains in the upcoming near period, especially with the emergence of the positive signals from the relative strength indicators, after reaching oversold levels.
MoreThe EURCHF settles below the resistance– Forecast today – 17-4-2026
The EURCHF remains stable until this moment below the resistance at 0.9310, to confirm its surrender to the main bearish trend dominance, however the contradiction of the main indicators pushed it to form weak trading by its fluctuation near 0.9230.
MoreThe EURJPY remains bullish– Forecast today – 17-4-2026
Despite the neediness of the positive momentum by the EURJPY pair, however its stability above 186.90 level supports the continuation of the positivity, attempting to record new gains by reaching 187.90 level. Gaining positive momentum makes us expect to form new bullish waves, to reach 188.35 followed by reaching the next main target at 188.80.
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