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Forecast update for EURUSD -16-12-2025.
The price of (EURUSD) rose with difficulty in its last intraday trading, attempting to exit fluctuated trading area to help it resume its strong gains in the upcoming period, especially with its trading alongside minor bullish trend line on the short-term basis, with the emergence of positive signals on the relative strength indicators, after offloading its overbought conditions, opening the way for extending its gains.
The EURGBP renews the bullish action– Forecast today – 16-12-2025
The EURGBP succeeded in surpassing the bearish corrective bias by providing a new close above the support of the bullish channel at 0.8740, forming several waves, to achieve some gains by reaching 0.8790.
MoreNatural gas price is threatening the positive stability– Forecast today – 16-12-2025
Natural gas prices remain affected by the negative pressures, fluctuating below $4.200 level, which forces it to approach from the minor bullish channel’s support at $3.950.
MoreThe EURJPY settles above the support– Forecast today – 16-12-2025
Despite facing continuous negative pressures by the EURJPY pair’s stability until now above the initial support at 181.70 that supports the chances of renewing the bullish attempts, its success by gathering bullish momentum will provide chance to form bullish waves, to step above 182.40 then repeats the pressure at 183.20.
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