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Forecast update for Gold -17-09-2026
Gold keeps its morning gains during its latest intraday trading, driven by the emergence of positive signals from the relative strength indicators after offloading the overbought conditions. This helped the price withstand negative pressures, particularly as it remains above the pivotal support at $4,300.
However, these gains remain under threat from continued trading below EMA50, which represents dynamic resistance that limits the chances of a full recovery in the near term and reinforces the stability and dominance of the short-term bearish corrective trend, especially with the price moving along a trendline supporting this trajectory.
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Forecast update for EURUSD -17-09-2026
EURUSD rose cautiously during its latest intraday trading, attempting to recover part of its previous losses while also working off some of the clear oversold conditions in the relative strength indicators, particularly with the emergence of positive signals from them. However, the pair remains under negative pressure from trading below EMA50, which reinforces the dominance and stability of the short-term bearish corrective trend, threatening these gains with another downside reversal in the near term.
MoreThe CADCHF pressures resistance– Forecast today – 17-9-2026
The pair maintained its stability within the prevailing bullish trend, supported by the continued formation of 0.5775 as an additional support level. This comes as the price responds to the positive signals from the main indicators, renewing pressure on the resistance level at 0.5910.
MoreThe EURJPY maintains bearish outlook– Forecast today – 17-9-2026
The pair has maintained its bearish stance, once again posting a negative close below the key 180.80 barrier. The price is currently fluctuating sideways near 179.00 as it attempts to counter the intraday positive momentum from the Stochastic indicator, increasing the chances of gathering fresh bearish momentum.
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