The price of (EURUSD) declined in its recent intraday levels, amid the emergence of the negative signals on the (RSI), after reaching overbought levels, to break the support level at 1.1745, surpassing the support of the EMA50, increasing the negative pressure and reinforcing the possibilities for more correctional declines.
This is the performance summary of last week’s trading signals as shared on Best Trading Signals, one of the trusted providers featured on the trading signals page of Economies.com. The summary includes results for gold, oil, forex pairs, indices, and crypto.
Asset | Performance |
---|---|
Gold | +200 |
Dow Jones | +210 |
EUR/USD | -90 |
US Oil | +250 |
USD/JPY | +60 |
US Oil | +90 |
Gold | -100 |
Bitcoin | +550 |
GBP/USD | +180 |
Gold | +220 |
Gold | +40 |
Gold | +160 |
EUR/USD | +90 |
Note: These signals were provided by Best Trading Signals. Economies.com does not provide trading signals directly, but highlights the top-performing providers on its trading signals page.
The coffee price confirmed its move to the bearish track by providing several negative closes below the broken support that is represented by the 300.50 level, forming sideways fluctuated moves currently that caused by the attempt of gathering the required negative momentum to resume the negative attack and reaching the negative stations near 272.00 and 241.50.
The price rally above 300.50 and providing positive close will force it to delay the negative attack, and recover some losses by its rally towards 310.50 reaching 38.2%Fibonacci correction level at 327.50
The expected trading range for today is between 272.00 and 300.00
Trend forecast: Bearish
Natural gas price surrendered to the negative pressure, to keep delaying the bullish attempts and forming new correctional trading by reaching $3.325, the stability of the trading below $3.600 will increase the negative pressures on the near period trading, to expect reaching $3.205 and $2.990.
Motivating the bullish attempts requires stepping above $3.450, to increase the chances for attacking the barrier at $3.600, which forms the main gate for detecting the main trend for the upcoming trading.
The expected trading range for today is between $3.000 and $3.450
Trend forecast: Bearish conditioned by the stability of $3.600