The EURJPY pair moved away from 144.25 recorded high, forming strong correctional bearish waves to consolidate below 142.25, affected by stochastic negativity, to increase the chances of resuming the correctional decline for now.

We expect to move towards 141.30 soon, while the continuous negative pressures might push the price to suffer new losses by crawling towards 140.65 and 140.00 levels.

The expected trading range for today is between 142.50 and 140.65

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0500	-0.0090	0.8462%
The EURUSD attempts to breach – Analysis - 08-12-2022
	GBP/USD	1.2184	-0.0121	0.9867%

	Silver	22.625	-0.532	2.300%

	Oil	72.706	-8.769	10.763%
Crude oil price suffers more losses – Analysis - 08-12-2022
	Brent Oil	77.17	-2.18	2.75%

	Gold	1783.535	-12.025	0.670%
Gold price resumes the bullish bias – Analysis - 08-12-2022

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