The EURUSD pair kept rising in its last intraday trading, supported by the emergence of positive signals from the relative strength indicators, after reaching oversold levels, attempting to correct the bearish trend on the short-term basis, amid its trading alongside supportive trend line for this path, to reach EMA50’s resistance, threatening these intraday gains, opening the way for potential rebound.
The GBPCHF formed some bullish corrective waves in its last trading, benefiting from the positive momentum by the main indicators, reaching %38.2 Fibonacci correction level at 1.0640, which forms a key barrier against the current trading.
MoreNatural gas price faced temporary bearish pressures by providing a new positive close above $3.150, to begin forming some bullish waves by its stability near $3.250.
MoreThe EURJPY pair failed until this momentum by breaching the barrier at 186.00, forcing it to form mixed sideways trading, to fluctuate near 185.50 level, affected by the continuation of the main indicators’ contradiction, especially by stochastic exit from the overbought level.
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