The EURUSD pair declined in its last intraday trading, affected by reaching EMA50’s resistance, forcing it to rebound lower, especially with the beginning of forming negative divergence on the relative strength indicators, after reaching exaggerated overbought levels, with the beginning of negative overlapping signals’ emergence, affected by breaking bullish corrective trend line on the short-term basis.
The AUDCAD price remains stable until this moment above the extra support at 0.9725, to confirm the continuation of the previously suggested bullish scenario, reaching 0.9855.
MoreNatural gas price remains surrounded by strong factors that are represented by stability below the resistance of $3.350 besides forming extra barrier at $3.200 level, to confirm its surrender to the previously suggested bearish scenario.
MoreNo news about the EURJPY pair’s price since Friday’s trading, due to its fluctuation near 186.65 barrier, which represents an intraday obstacle against the attempts to resume the main bullish trend.
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