The EURUSD pair declined in its recent intraday trading, with the resistance level at 1.1790 holding firm against the pair’s upward attempts. At the same time, negative signals are emerging from the relative strength indicators, as the pair tries to gain positive momentum that could help it recover and break above this resistance. This comes amid continued dynamic support from trading above the EMA50, which strengthens the stability of the main short-term bullish trend.

The EURGBP formed some mixed waves in its last trading, to face the barrier at 0.8735 level, settling below it to reach the moving average of 55 near 0.8685.

Note that stochastic attempt to provide the negative momentum by reaching below 50 level will increase the chances of reaching below the moving average 55, to begin targeting several negative stations near 0.8650 and 0.8615, while breaching the barrier and holding above it will open the way for forming several bullish waves to target 0.8780 level initially.

The expected trading range for today is between 0.8670 and 0.8730

Trend forecast: Bearish

Natural gas price kept providing strong pressure on the support level at $2.620, attempting to find an exit for resuming the previously suggested negative attack, the continuation of providing negative momentum makes us wait for achieving the required break, to open the way for reaching extra negative stations that are located at $2.390 and $2.250 level.

The expected trading range for today is between $2.390 and $2.820

Trend forecast: Bearish

The EURJPY pair didn’t move anything since yesterday by its continued fluctuation near 187.45 level, affected by stochastic attempt to exit the overbought level, to increase the chances of activating the attempts of gathering the gains by targeting 186.55 and 185.85 level.

While the stability above 186.90 will allow it to provide a chance for gathering extra positive momentum, reinforcing the chances of targeting new positive stations by its rally towards 187.75 and 188.35 directly.

The expected trading range for today is between 186.90 and 187.75

Trend forecast: Fluctuated within the bullish trend.