Gold resumed its upward movement in its latest intraday trading, after attempting in earlier movements to gather its gains, and clear overbought condition indicated by the Relative Strength Index (RSI). However, the upside track returns recording new highs.

The EURUSD price continues the rise during its recent intraday trading, amid the strong dominance of the main upward trend. The pair’s recent rise came despite the emergence of negative signals on the Relative Strength Index (RSI) indicators, after reaching highly overbought levels, which highlights the strength of this positive trend.

The CADCHF pair’s price kept the negative stability below 0.6020 barrier, affected by the negativity of the main indicators, to notice resuming the negative attack by reaching 0.5850.

No escape of the price from forming more of the bearish waves, due to the validation of the main negative factors, to expect reaching the extra target at 0.5785, and breaking it might extend the losses in the near period towards 0.5715 reaching to the support level of the bearish channel’s support at 0.5645.

The expected trading range for today is between 0.5715 and 0.5950.

Trend forecast: Bearish

Despite the weak trading of the Natural gas price recent trading and its fluctuation near $3.550, but the continuation of providing main closes above the previous top as appears in the above image confirms the attempts to form a new bullish track in the upcoming period trading.

Note that waiting for surpassing the obstacle near $3.620 is important to reinforce the chances for surpassing the moving average 55, and begin targeting the main stations, to expect reaching $3.950 initially, then extending the trading towards the next main target at $4.180.

The expected trading range for today is between $3.450 and $3.950.

Trend forecast: Bearish