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The EURGBP settles below the resistance– Forecast today – 22-5-2026
The EURGBP provided a new negative close below the minor bearish channel’s resistance at 0.8685, forming several bearish waves, to settle near 0.8645 level, confirming the dominance of the previously suggested bearish trend.
By the above image, we notice the stability of moving average 55 near the main resistance, besides stochastic attempt to reach the oversold level will increase the negative pressure on the current period trading, which makes us prefer targeting new negative stations that might begin at 0.8610 and 0.8585.
The expected trading range for today is between 0.8610 and 0.8640
Trend forecast: Bearish
The EURJPY is waiting for negative momentum– Forecast today – 22-5-2026
The EURJPY pair remains affected by the main indicators’ contradiction, which forces it to delay the bearish corrective trend, and providing weak sideways moves by its stability near 184.60 as appears in the above image.
Reminding you that the stability below %66.8 Fibonacci correction level at 185.80 confirms the price confinement within the bearish track, to keep waiting for gathering negative momentum, to decline below the barrier at 184.30, then begin targeting corrective stations by reaching 183.50 and 182.75.
The expected trading range for today is between 183.50 and 185.00
Trend forecast: Bearish
The GBPJPY is in continuous accumulation phase– Forecast today – 22-5-2026
The GBPJPY pair continued forming weak sideways trading, to keep fluctuating near 213.50 level, announcing its affection by continuous accumulation phase before it begins the previously suggested corrective trend, reminding you that the negative scenario depends on forming main barrier at 214.50 level against the current trading.
Therefore, we will keep waiting to gather the extra negative momentum, which allows it to reach below 212.80 level, to begin targeting corrective stations by reaching 211.80 followed by 210.45 support.
The expected trading range for today is between 211.80 and 213.95
Trend forecast: Bearish
Platinum price settles below the moving average 55– Forecast today – 22-5-2026
Despite the weakness of Platinum price last trading, its fluctuation below the moving average 55 assists to confirm the suggested corrective scenario, to reach below $1940.00.
The continuation of forming main barrier at $2080.00 level confirms its surrender to the negative pressure, to keep waiting for reaching $1900.00 level followed by the main initial target at $1865.00.
The expected trading range for today is between $1865.00 and $1990.00
Trend forecast: Bearish