Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Forecast update for EURUSD -16-06-2025

Economies.com
2025-06-16 12:02PM UTC

The price of (EURUSD) settled on a rise in its recent intraday levels, to settle again above the critical resistance level a t1.1550, supported by the emergence of the positive signals on the (RSI), despite reaching overbought levels, amid the dominance of the main bullish trend and its trading alongside a bias line, with the continuation of the positive support that comes from its trading above EMA50, reinforcing the positive trend for the pair.

 

 

The CADCHF repeats the negative closes – Forecast today – 16-6-2025

Economies.com
2025-06-16 05:39AM UTC

The CADCHF repeated providing negative closes below the extra barrier at 0.6010 level, to increase the chances of resuming the bearish attack, we notice stochastic decline to 50 level, which increases the chances for gathering the negative momentum, to expect reaching 0.5900 followed by the next target at 0.5780.

 

While stepping above the mentioned barrier might force the price to delay the negative attack temporarily and provides chances for recover some of the losses by its rally to 0.6060 and 0.6110, before reaching any on the suggested negative targets.

 

The expected trading range for today is between 0.5900 and 0.6000

 

Trend forecast: Bearish

Natural gas price delays the decline– Forecast today – 16-6-2025

Economies.com
2025-06-16 05:39AM UTC

Natural gas prices were affected by the technical circumstances, forming a bullish rally and surpassing the moving average 55 at $3.600, achieving some gains by reaching 43.750 level.

 

Reminding you that regaining the bullish scenario requires forming a strong bullish rally, to breach the resistance at $3.900, to confirm its readiness to record new gains that might begin at $4.050 and $4.200, while the price return to fluctuate below $3.600 will cancel the positive chances, which forces it to renew the bearish attempts by reaching $3.450 initially.

 

The expected trading range for today is between $3.600 and $3.900

 

Trend forecast: Bullish

The EURJPY attempts to resume the bullish attack– Forecast today – 16-6-2025

Economies.com
2025-06-16 05:37AM UTC

Despite the continuation of the main indicators in the last period, The EURJPY pair keeps providing strong pressures on the extra barrier at 166.45 level supports the chances for resuming achieving more of the gains in the near and medium period.

 

The main stability within the bullish channel’s levels, depending on forming extra support at 164.75 level, so these factors make us wait for confirming breaching the current barrier to open the way towards reaching 167.25 followed by the bullish channel’s resistance at 168.90

 

The expected trading range for today is between 165.80 and 167.25

 

Trend forecast: Bullish