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Forecast update for EURUSD -16-04-2026.
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 fluctuates below the barrier– Forecast today – 16-4-2026
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.
MoreNatural gas price repeats the pressure on the support– Forecast today – 16-4-2026
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.
MoreThe EURJPY without any news– Forecast today – 16-4-2026
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.
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