The price of (Gold) rose in its last intraday trading, attempting to get rid of the negative pressure of the EMA50, amid the dominance of the bullish trend on the short-term basis and its trading alongside trend line, besides the emergence of the positive signals on the relative strength indicators, after reaching oversold levels to reinforce the possibility of extending the gains.

The price of (EURUSD) witnessed fluctuated trading on its last intraday levels, amid the recovery attempts, supported by the emergence of the positive signals on the relative strength indicators, under the dominance of bullish corrective wave on the short-term basis with its trading alongside trendline, taking advantage of its trading above EMA50, to reinforce the chances of the price recovery.

The EURNZD continued forming clear negative movement, affected by the continuation of forming strong barrier at 2.0335 level, suffering some losses by its stability near 2.0120, noting that the continuation of stochastic stability within the oversold level will increase the negative pressure on the current trading, to pave the way for reaching the initial target at 2.0060. Breaking this barrier might extend the losses towards 1.9955 directly, to face the moving average of 55.

While the stability above 2.0060 level will force it to form mixed trading, and there is a chance for recovering some losses by its rally towards 2.0210 before any attempt to reach the previously suggested negative target.

The expected trading range for today is between 2.0060 and 2.0175

Trend forecast: Bearish

Natural gas price lost its bullish momentum by stochastic exit from the overbought level, which forces it to settle below $5.1500 level, forming corrective trading to approach the $4.850 level.

Reminding you that the stability above the extra support at $4.750 will increase the chances of renewing the bullish attempts, attacking $5.150 level, and surpassing it will confirm the continuation of the positivity which might target $5.450 and $5.710 level.

The expected trading range for today is between $4.750 and $5.150

Trend forecast: Fluctuated within the bullish track.