The EURCHF confirmed its surrender to the bearish scenario by providing several negative closes below the moving average 55 at 0.9315, attacking the support base at 0.9220 level.

Note that stochastic reaching oversold level and providing extra bearish momentum will increase the chances of breaking the current support base, to suffer more losses by reaching 0.9145 initially followed by 78.2%Fibonacci extension level at 0.9065.

The expected trading range for today is between 0.9145 and 0.9240

Trend forecast: Bearish

The EURJPY pair approached the psychological barrier at 180.00 level, forcing it to activate the attempts of gathering the gains by providing temporary corrective trading, to settle near 179.40.

The price might continue to provide mixed trading, despite the stability above 178.00 level which makes us keep the main bullish suggestion, the price success in surpassing the psychological barrier will reinforce the chances of recording extra gains by its rally towards 180.60 reaching 181.55 in the medium period trading.

The expected trading range for today is between 178.80 and 180.60

Trend forecast: Bullish

The (ETHUSD) price rose in its last trading on the intraday levels, amid the continuation of negative dynamic pressure that is represented by its trading below EMA50, reinforcing the stability and the dominance of the main bearish trend on the short-term basis, especially with its trading alongside minor trendline, besides the emergence of the negative signals on the relative strength indicators, after the stability of the key support at $3,060, this support represents potential target in our previous reports, which helped it to achieve these cautious gains.

The (Brent) price witnessed strong losses in its last intraday trading, surpassing the support of its EMA50, putting it under negative pressure, especially with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, besides the dominance of the main bearish trend on a short-term basis.