The price of (Gold) continues its fluctuated trading in its last intraday trading, within tight range of sideways trading, attempting to gain bullish momentum that might help it to record new all-time highs on the near-term basis, supported by its continuous trading above EMA50, under the dominance of the main bullish trend on the short-term basis, with its trading alongside trend line, besides the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels.

The price of (EURUSD) settles on a decline in its last intraday trading, attempting to look for rising low to help it gain the required bullish momentum to recover, leaning on EMA50’s support, amid the dominance of the bullish trend on the short-term basis and its trading alongside supportive trend line for this trend, accompanied by the emergence of positive signals on the relative strength indicators, after reaching oversold levels.

The EURNZD attempted to recover more of the losses by its rally towards 2.0395, to face a strong barrier, which forces it to reach 2.0270 to confirm the dominance of the bearish bias in the current trading.

The stability below the previously mentioned barrier and providing negative momentum by stochastic will increase the efficiency of the bearish track, to expect reaching 2.0225 and surpassing it will renew the pressure on the main support at 2.0060.

The expected trading range for today is between 2.0225 and 2.0370

Trend forecast: Bearish

Natural gas price surrendered to the stability of the barrier at$4.200, forming new bearish waves, to press on the bullish channel’s support at $3.880.

Stochastic stability below 50 level will increase the chances of gathering negative momentum, to break the bullish channel’s support and begin forming strong bearish waves to target $3.680 reaching 23.6%Fibonacci correction level at $5.520.

The expected trading range for today is between $3.680 and $4.070

Trend forecast: Bearish