Crude oil price declined on its intraday levels, with its affection by positivity of the head and shoulders pattern, supported by its trading above the EMA50. This decline makes the price gather the gains of its previous rises, to attempt to offload some of the overbought condition on the (RSI), especially after the beginning of the negative overlapping signal appearance, which makes the price gather its positive strength that might help it to recover and rise.

EURUSD price moves in tight sideways trading range on the intraday levels, attempting to gain positive momentum that might assist it to rise, and attempts to offload some of its clear overbought condition on the (RSI), with the beginning of the negative signals’ emergence, amid the domination of the main bullish trend on the short-term basis and its trading alongside trend line.

EURCAD provided bullish trading recently, to settle above the previously broken bullish channel’s support at1.5625 and record some gains by its stability near 1.578

The price success to settle above the mentioned support and stochastic attempt to provide positive momentum, will increase the efficiency of the bullish track, to expect attacking the barrier at 1.5880 soon, and surpassing it will ease the mission of recording new gains that might begin at 1.5980, while the price return to settle below the bullish channel’s support will cancel the bullish suggestion, which pushes the price to suffer several losses by reaching 1.5510 and 1.5390.

The expected trading range for today is between 1.5700 and 1.5880

Trend forecast: Bullish

Natural gas price continued the bearish moves to confirm its surrender to the bearish scenario, which depends on the stability of $3.640 level as a main barrier, to approach from the negative target at $3.190.

Noticing the continuation of stochastic fluctuation within the oversold level, to increase the chances for gathering the negative momentum, which makes us keep the bearish suggestion, to target $3.110 level reaching the next support near $2.960.

The expected trading range for today is between $3.110 and $3.360

Trend forecast: Bearish