EURUSD Forecast Update –11- 04-2025
The EURUSD price continues the rise during its recent intraday trading, amid the strong dominance of the main upward trend. The pair’s recent rise came despite the emergence of negative signals on the Relative Strength Index (RSI) indicators, after reaching highly overbought levels, which highlights the strength of this positive trend.
The CADCHF resumes the decline – Forecast today – 11-4-2025.
The CADCHF pair’s price kept the negative stability below 0.6020 barrier, affected by the negativity of the main indicators, to notice resuming the negative attack by reaching 0.5850.
No escape of the price from forming more of the bearish waves, due to the validation of the main negative factors, to expect reaching the extra target at 0.5785, and breaking it might extend the losses in the near period towards 0.5715 reaching to the support level of the bearish channel’s support at 0.5645.
The expected trading range for today is between 0.5715 and 0.5950.
Trend forecast: Bearish
Natural gas price prefers the positivity– Forecast today – 11-4-2025.
Despite the weak trading of the Natural gas price recent trading and its fluctuation near $3.550, but the continuation of providing main closes above the previous top as appears in the above image confirms the attempts to form a new bullish track in the upcoming period trading.
Note that waiting for surpassing the obstacle near $3.620 is important to reinforce the chances for surpassing the moving average 55, and begin targeting the main stations, to expect reaching $3.950 initially, then extending the trading towards the next main target at $4.180.
The expected trading range for today is between $3.450 and $3.950.
Trend forecast: Bearish
The EURJPY fluctuates below the resistance – Forecast today – 11-4-2025
The EURJPY pair provided several mixed waves since yesterday, due to the contradiction between the main indicators’ positivity and the overall stability below the bearish channel’s resistance at 163.20, to notice its stability near 161.85 without achieving any of the waited negative targets.
The price needs a new negative momentum, to reinforce the efficiency of the bearish track, which might target 160.60 level and 159.60, while the price surrender to the positivity of the main indicators and its rally above the main resistance will confirm its readiness to build a new bullish track, to begin targeting several positive stations by attacking 164.10 level initially, reaching 164.85.
The expected trading range for today is between 160.60 and 162.50
Trend forecast: Bearish