The EURGBP keeps the positivity– Forecast today – 22-8-2025
AI Summary
- EURGBP experienced bearish correctional decline but is expected to recover losses and rally to 0.8660
- Price stability within bullish channel levels may extend support to 0.8545 and target 0.8695 level
- Expected trading range for the day is between 0.8630 and 0.8695 with a bullish trend forecast
The EURGBP was affected by some negative factors, forming bearish correctional decline to 0.8595, forming extra support to allow it recover some of the losses by its rally to 0.8660.
Note that the stability of the price within the bullish channel’s levels might extend its main support level to 0.8545, besides providing positive momentum by stochastic, these factors confirm the price readiness to renew its bullish attempts, to expect targeting 0.8695 level, to press on 0.8735 resistance.
The expected trading range for today is between 00.8630 and 0.8695
Trend forecast: Bullish
Natural gas price repeats the negative closes– Forecast today – 22-8-2025
Despite the weak trading of the Natural gas price, its negative stability below the resistance at $3.140 confirms its surrender to the suggested bearish scenario, to notice its fluctuation near $2.800.
Stochastic attempt to provide negative momentum by its repeated fluctuating near 20 level motivating the price to resume the negative momentum, to target $2.610 level, attempting to reach the next support at $2.390.
The expected trading range for today is between $2.610 and $2.920
Trend forecast: Bearish
The EURJPY moves slowly– Forecast today – 22-8-2025
The EURJPY pair provided slow mixed trading, to keep its fluctuation near the initial barrier at 172.00 level, affected by the continuation of the main indicators’ contradiction.
Despite the stability of the price within the bullish channel’s levels, the continuation of forming an extra resistance at 173.45 level and stochastic attempt to provide negative momentum, these factors support our bearish correctional scenario, which might target 171.30 and 170.45.
The expected trading range for today is between 171.30 and 172.45
Trend forecast: Bearish
The GBPJPY recovers some of the losses– Forecast today – 22-8-2025
The GBPJPY pair provided temporary positive trading, attempting to recover some of its losses by its rally to 199.35, to begin declining affected by stochastic negativity, approaching from 20 level as appears in the above image.
The attempts of forming an extra barrier at 199.60 level confirms the price confinement within the bearish track, to keep preferring the negative attempts, that might target 198.20 reaching 197.45, to face 61.8%Fibonacci correctional level.
The expected trading range for today is between 198.20 and 199.40
Trend forecast: Bearish