The EURUSD pair surged higher in its last intraday trading, due to its stability on the support of EMA50, gaining bullish momentum, especially with the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this path.

The CHFJPY resisted the last negative pressure by providing several closes above 200.40 level, which forms a key support level against the attempts of confirming the trend, to begin forming bullish waves, to settle near 201.20 level.

Providing positive momentum by stochastic will increase the efficiency of the bullish trend, to expect attacking 201.65 level, and surpassing it will confirm the bullish attempts by its rally towards 202.20 and 202.80.

The expected trading range for today is between 200.50 and 201.65

Trend forecast: Bullish

Despite the neediness of the negative momentum by EURJPY pair in the last trading, its stability below 185.45 barrier confirms its surrender to the bearish bias, fluctuating near 184.10, attempting to gather extra negative momentum.

The price needs to provide negative close below %50 Fibonacci corrective level at 183.35, to ease the mission of forming strong bearish waves, to target 182.70 level, attempting to press on the barrier at 182.00.

The expected trading range for today is between 182.00 and 184.70

Trend forecast: Bearish

The GBPJPY pair settles in sideways range near 212.80 level, affected by the contradiction of the main indicators, to delay activating the previously suggested negative trend.

The price might recover more of the losses by its rally towards 213.50, reaching the moving average 55 near 213.85, but it will not affect the main bearish scenario, depending on the continuation of forming main barrier at 214.30 level against the current trading, note that breaking 211.80 level will ease the mission of forming strong waves, to expect reaching 211.20, repeating the pressure on 210.45 support.

The expected trading range for today is between 211.80 and 213.50

Trend forecast :fluctuated