The price of gold rose in its last intraday trading, recording new all-time highs, to reach $4,720 resistance, which was expected target in our previous analysis, supported by its continues trading above EMA50, reinforcing the dominance of the main bullish trend with its trading alongside main and minor trend lines that supports this track, noticing the emergence of the positive signals from the relative strength indicators.

The price of EURUSD surged higher in its last intraday trading, to exit bearish corrective channel’s range that limited its previous trading on short-term basis, and it succeeded in surpassing the negative pressure of the EMA50, intensifying the bullish momentum, on the other hand, we notice the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, which might reduce its upcoming gains.

The EURGBP lost its negative momentum in its last trading by stochastic rally above 50 level, which forces it to delay negative attacks and to provide sideways trading by its stability near 0.8675.

Reminding you that the stability below extra barrier at 0.8705, to confirm the stability of the previously suggested bearish scenario, confirming that gathering extra negative momentum is important to renew the pressure on 0.8650 barrier, where breaking it will ease the mission of reaching the negative stations near 0.8625 and 0.8605.

The expected trading range for today is between 0.8650 and 0.8685

Trend forecast: Bearish

Natural gas price confirmed the continuation of the bullish scenario by its stability above $3.020 support level, to notice resuming the bullish attempts by recording $3.720 level.

Providing new positive close above $3.490 level is important to reinforce the chances for forming new bullish waves, reaching $3.850 then attempts to press on the resistance near $4.150.

The expected trading range for today is between $3.450 and $3.850

Trend forecast: Bullish