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Forecast update for gold -29-04-2026.
Gold declined in its recent intraday levels, to confirm breaking $4,600 support, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the stability and dominance of minor bullish wave on the short-term basis, with its trading alongside supportive trend line for this path, noticing the emergence of negative overlapping signals on the relative strength indicators, after offloading its oversold levels, opening the way for deepening its losses on near-term basis.
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Forecast update for EURUSD -29-04-2026.
The EURUSD pair declined in its recent intraday trading, preparing to break the key support at 1.1690, amid the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, amid the dominance if bearish corrective wave on the short-term basis, and trading alongside trend line, besides the continuation of the negative pressure due to its trading below EMA50, intensifying the negative pressure on the price.
MoreThe CHFJPY gathers some gains– Forecast today – 29-4-2026
The CHFJPY activated the bearish corrective track after recording 204.35 level, to begin gathering some of its gains by reaching 201.65, facing %100 Fibonacci extension level, which forms a key support for the current trading.
MoreNatural gas price is fluctuating near support level– Forecast today – 29-4-2026
Natural gas price remains stable until this momentum near $2.620 level, attempting to find an exit for resuming the previously suggested negative trend, reminding you that the bearish scenario will remain valid by the stability below the resistance at $3.185, to keep waiting for breaking the current support, to open the way for reaching extra negative stations, holding at $2.390 and $2.250 level.
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