The (EURUSD) declined during its recent intraday trading, after offloading the oversold conditions on the relative strength indicators, to begin sending negative signals again, which intensifies the negative pressure in its near upcoming trading, affected by breaking main bullish trend line on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of near term recovery.

No change for EURCHF negative trend due to its stability below 0.9260 resistance, to settle below the moving average 55 and reaching 0.9110 level.

The price needs a new negative momentum to get rid of stochastic positivity, to begin forming strong bearish wave, attempting to press on 0.9070, to renew the press on the support at 0.8975.

The expected trading range for today is between 0.9070 and 0.9180

Trend forecast: Bearish

Natural gas price repeated positive closes above $2.620, forming bullish waves and its stability near $2.950, to confirm the bullish corrective trend.

The continuation of the positive pressure might provide a chance to record extra gains by reaching $3.050 followed by the resistance at $3.200, while its decline below the previously mentioned support and providing negative close, will force it to suffer more losses by forming $2.390 level reaching $2.250. 

The expected trading range for today is between $2.750 and $3.050

Trend forecast: Bullish

The stability of the EURJPY pair within the negative trend that depends on forming main barrier at 185.50 level, providing weak sideways trading by its stability near 184.80 due to its neediness to the negative momentum that comes from the contradiction of the main indicators.

Stochastic attempts to exit the overbought level might push the price to form bearish corrective waves, to target 184.10 level to press on the barrier at 183.50, while breaching the barrier and holding above it might help it to activate bullish trend, to target initial 186.00 reaching 186.60 level.

The expected trading range for today is between 184.10 and 185.60

Trend forecast: Bearish