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Forecast update for gold -28-04-2026.
Gold recorded a series of consecutive losses in its recent intraday levels, reaching our morning price target at the $4,600 support level. This comes amid continued negative pressure resulting from trading below EMA50, which reinforces the strength and stability of a short-term minor bearish wave. The price is also moving along a supportive trendline for this downward path. In the background, we observe continued negative signals from the relative strength indicators, despite reaching heavily oversold levels.
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Forecast update for EURUSD -28-04-2026.
The EURUSD pair kept declining in its recent intraday trading, to reach the support level of 1.1690, which was an expected target in our previous analysis, amid the dominance of bearish corrective wave on the short-term basis, with its trading alongside supportive trend line for this path, besides the continuation of the negative pressure due to its trading below EMA50, intensifying the negative pressure on the price, especially with the emergence of negative signals from the relative strength indicators, despite reaching oversold levels.
MoreThe EURCHF gets advantage from the positive momentum– Forecast today – 28-4-2026
EURCHF began receiving positive momentum in the last trading, since stochastic surpassed 50 level to keep its stability above %61.8 Fibonacci extension level at 0.9145, recording some gains by reaching 0.9215.
MoreThe EURJPY declines calmly– Forecast today – 28-4-2026
The EURJPY pair began providing slow negative trading, confirming its surrender to the dominance of the bearish corrective trend, to settle near 186.25 reminding you that the main stability below 187.50 barrier, due to the negative momentum of stochastic supports the chances of resuming the corrective attempts, to keep waiting for reaching 185.65, where breaking it will open the way for suffering extra losses that might extend towards 185.30 and 184.85.
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