Forecast update for EURUSD -03-06-2025

In light of the current volatility in global markets and rising geopolitical tensions, gold remains a safe haven for investors seeking protection against risks. We are witnessing renewed upside movement in gold prices after a recent slight pullback, opening the door to promising buying opportunities that align with positive technical signals on both the daily and hourly timeframes.

Despite facing strong negative pressure on the CADJPY price recently, but its repeated stability above the support at 103.55 forms a main factor that motivates the suggested bullish track, to notice forming some of the bullish waves by its stability near 104.15, to confirm that gathering the positive momentum is important to reach 104.80, then presses on the moving average 55 near 105.15 to find an exit for resuming the bullish attack in the upcoming period trading.

Natural gas price took advantage of stochastic attempt to provide positive momentum, to notice surpassing $3.600 level, recording some of the gains by reaching $3.750, but the repeated stability below the barrier at $3.870 represents a main barrier against regaining the bullish bias, to expect forming mixed trading, and there is chance for the decline again below $3.600 level and targeting the negative stations near $3.450 and $3.320.