The price of EURUSD settles on sharp decline on its last intraday levels, after reaching our morning expected target at 1.1710 support, to rebounce higher in attempt to recover some of its losses, affected by negative technical formation that complete the bearish corrective trend on short-term basis (symmetrical triangle pattern), with the continuation of the negative pressure due to its trading below EMA50, intensifying the negative pressure.

Coffee price kept its stability above 275.80 support until this moment, attempting to find a chance to reduce the losses, farming sideways waves by its fluctuation near 280.00 level.

The price needs new bullish momentum, reinforcing the chances of beginning recovering the losses, to expect its rally towards 293.50 directly, to press on the barrier at 301.00, while the decline below the current support will confirm the continuation of the negativity in the upcoming trading, expecting the next negative target at 264.80 level.

The expected trading range for today is between 275.00 and 293.50

Trend forecast: Bullish

The EURJPY pair surpassed the negative pressures in the last trading, to settle positively above 50%Fibonacci correction level at 183.40, which allows it to activate the bullish attempts since morning, and recording some gains by its stability near 184.80.

Providing positive momentum by the main indicators supports the bullish scenario again, to expect the trading rally towards 184.85, surpassing this barrier will extend the trading towards 185.45 resistance, which represents a key for detecting the main trend in the futuristic trading.

The expected trading range for today is between 183.60 and 185.45

Trend forecast: Bullish

The GBPJPY pair ended the last negative attack by reaching 209.15 target, forming an important extra support, which pushes it to form strong bullish rebound, to approach the initial barrier at 210.45.

Noticing stochastic attempt to provide bullish momentum by its rally above 50 level, and the price attempt to settle above the moving average 55 makes us prefer the bullish attempts again, to settle above 210.65 to begin targeting positive stations by its rally above 211.25, attempting to press on 212.05 resistance again.

The expected trading range for today is between 209.80 and 211.25

Trend forecast: Bullish