The EURJPY pair is affected by the strength of the bearish channel’s support at 117.70, which forces it to form a bullish correctional trading as appears in the above image, but the negative stability below the initial barrier at 120.70, makes us wait for gathering a new negative momentum, to repeat the attempts to reach 118.60, which presses on the extended support at 117.45.
Stochastic fluctuation below 50 level forms a main factor that confirms the bearish scenario, in attempt to provide a new negative momentum, to increase the chances for the price decline to the suggested targets.
The expected trading range for today is between 120.70 and 118.60
The expected trend for today: Bearish
The GBPJPY pair lost its negative momentum by stochastic surpass to the oversold level, which forces it to delay the negative attack temporarily, to notice providing a clear sideways fluctuation by its stability at 129.60, we will depend on the stability of the initial barrier at 130.00, to force the price to renew the negative attempts that targets 128.25 reaching to 126.50 level.
While the price rally above 130.00 will confirm delaying the negative attack, which forces it to build a bullish correctional trading that might push the price to target 131.45 reaching to the critical resistance at 133.20.
The expected trading range for today is between 130.00 and 128.25
The expected trend for today: Bearish
DashCoin price keeps its stability below 110.90 level, noticing that stochastic shows negative overlapping signal now, waiting to motivate the price to achieve more decline in the upcoming sessions, as our first target is located at 93.13.
Holding below 110.90 is important to continue the suggested decline, as breaching it will lead the price to achieve gains that reach 125.25 initially.
The expected trading range for today is between 93.00 support and 112.00 resistance
The expected trend for today: Bearish
Litecoin price could not manage to hold for long time above 99.20 level, to trade with clear negativity and settles below this level again, which reactivates the bearish trend scenario that its first negative target located at 84.60, reminding you that breaking this level will extend the bearish wave to reach 70.00.
We should note that the expected decline will remain valid unless breaching 99.20 level and holding with a daily close above it.
The expected trading range for today is between 84.60 support and 100.00 resistance
The expected trend for today: Bearish