Gold price declined in its last intraday trading, and that after reaching our target at $3,500, to gather its gains and attempt to gain positive momentum that might assist it to breach this resistance, and attempting to offload its clear overbought conditions on the (RSI), and there are negative signals appear from them, amid its trading alongside bullish trendline sharply on the short term basis.

The EURUSD price witnessed sideways trading range on its intraday trading, in attempt to gain positive momentum that might assist it to recover and rise again, to lean on the main bullish trend line of the 60-minute time frame, accompanied by its stability at the support of its EMA50. and the (RSI) reached exaggerated oversold levels compared to the price move, beside the emergence of positive overlapping signals.

The CADJPY kept providing negative trading, to remain stable below 61.8% Fibonacci correction level, which represents an extra barrier at 103.55, to notice by the above image, that it suffers clear losses by its stability near 101.50.

Notet that the main indicators unity by validating negative momentum, specifically reaching to 20 level, makes us prefer more of the negative trading, which might target 100.40 reaching 78.1% Fibonacci correction level at 99.45.

The expected trading range for today is between 100.40 and 102.40

Trend forecast: Bearish