The price of (EURUSD) rose cautiously in its last intraday trading, attempting to correct the main bearish trend on the short-term basis, amid the continuation of the negative pressure that comes from its trading below EMA50, which reduces the chances of its recovery on the near-term basis, especially with the relative strength indicators reaching exaggerated overbought levels compared to the price move, to indicate forming negative divergence that intensifies the negative pressure on the upcoming trading.
Get high-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s top markets:
US Stock Signals from €44/month
Subscribe via TelegramCrypto Signals from €49/month
Subscribe via TelegramForex Signals from €49/month
Subscribe via TelegramVIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month
Subscribe via TelegramFull VIP signals performance report for 20-31, October 2025:
Coffee price ended the temporary corrective decline by testing the minor bullish channel’s support near 384.00, to see its reaction to stochastic positivity by its rally towards 416.00.
Providing positive momentum by the main indicators will increase the chances of breaching 425.00 level, to activate the positive pattern then targeting several positive stations that begin at 442.00 and 457.00.
The expected trading range for today is between 400.00 and 442.00
Trend forecast: Bullish
The EURJPY pair faced 175.70 level in its last corrective decline, which formed extra support, to reduce the negative effect by its stability, by the above image, we notice its rally above 177.05 barrier.
The price needs a new bullish momentum to allow it to provide a new positive close above 177.05 level, to reinforce the efficiency of the bullish track by its rally towards 177.95 and 178.75.
The expected trading range for today is between 176.65 and 177.95
Trend forecast: Bullish
The GBPJPY pair leaned on the moving average 55, pushing it to form some bullish waves by targeting 201.10 level, attempting to recover some of the recently achieved losses.
We couldn’t confirm the bullish attack as there are several barriers near 201.75 and 202.40, and the continuation of the fluctuation below 50 level might increase the negative pressure, to keep preferring the bearish corrective track, to target 200.25 level reaching 198.70.
The expected trading range for today is between 200.20 and 201.60
Trend forecast: Bearish