The gold price declined on its intraday levels, after hitting the resistance of its EMA50, attempting to gain positive momentum that might assist it to surpass this negative pressure, at the same time, it attempts to offload some of the clear overbought conditions on the (RSI), especially, with the beginning of the negative signals appearance, accompanied with the dominance of the bullish trend on the short-term basis and its trading alongside trend line.

The EURUSD price declined in its last intraday trading, affected by the stability of the resistance at 1.1420, attempting to gain positive momentum that might assist it to breach this resistance, besides its attempt to surpass the negative pressure of the EMA50.

The CADJPY formed a main bearish channel in the last period trading, to notice the stability of the moving average 55 near the resistance at 105.20, to increase the efficiency of the negative attack, to settle near 102.80.

By the above image, we notice the trading stability below 61.8%Fibonacci correction level at 103.45, to form an extra barrier against the negative trading, to begin preferring targeting new negative stations by the price decline towards 102.10 and 101.35.

The expected trading range for today is between 102.10 and 103.10

Trend forecast: Bearish

Natural gas price succeeded in taking advantage of the positive factors that are represented by the continuation of forming a key support at $2.960, besides providing positive momentum by stochastic, to notice its stability near the initial positive target at $3.360.

We expect renewing the bullish attempts to achieve extra gains that might extend towards $3.480, then wait to attack the moving average 55 near $3.600, which represents the next main target for the near trading.

The expected trading range for today is between $3.250 and $3.480

Trend forecast: Bullish