Forecast update for EURUSD -13-08-2025
AI Summary
- EURUSD price is high in last intraday trading, showing strength in short-term bullish trend and positive pressure above EMA50
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The price of (EURUSD) soars high in its last intraday trading, amid its trading alongside a minor bullish trend on the short-term basis, indicating the strength of the this track, amid the continuation of the positive pressure that comes from its trading above EMA50, besides the emergence of the positive signals on the (RSI), despite reaching overbought levels, reinforcing the stability of the positive station around the pair.
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The GBPCAD resumes the rise– Forecast today – 13-8-2025
The GBPCAD succeeded in confirming the bullish scenario by its stability within the bullish channel’s levels, to surpass the moving average 55 at 1.8400, to open the way for achieving new gains by its rally towards 1.8605.
Note that reaching the next barrier at 1.8650 level is possible, which forces it to provide sideways trading until it reaches this level and the extra positive stations at 1.8690 and 1.8770.
The expected trading range for today is between 1.8550 and 1.8690
Trend forecast: Bullish
Natural gas price approaches from the initial target– Forecast today – 13-8-2025
Natural gas price confirmed its move to the negative track by providing new bearish close below $3.050 level, reaching $2.810 to approach from the initial main target at $2.720.
The continuation of providing negative momentum by the main indicators makes us expect to break $2.720 level, to open the way for targeting new bearish stations by reaching $2.550 followed by $2.550 reaching the main target at $2.390, which represents a strong support against the bearish attempts.
The expected trading range for today is between $2.550 and $ 2.950
Trend forecast: Bearish
The EURJPY keeps rising– Forecast today – 13-8-2025
The EURJPY pair confirmed the continuation of the bullish scenario by its move away from the obstacle at 172.00 level, forming a new bullish rally and its stability near 173.00, the continuation of providing positive momentum will ease the mission of attacking 173.45 level, confirming the importance of surpassing it to open the way for recording extra gains that might extend towards 174.15 reaching the main target at 175.15.
The expected trading range for today is between 172.35 and 173.45
Trend forecast: Bullish