The EURUSD pair rose in its recent intraday trading, leaning on EMA50, gaining some bullish momentum that helped it to achieve these gains, after its decline in the last intraday trading due to the stability of 1.1790 resistance, attempting to offload its clear overbought conditions on the relative strength indicators, especially with the emergence of negative signals, amid the dominance of the bullish corrective bullish trend on short-term basis.

The GBPAUD remains affected by the negative factors that are represented by the continuation of forming main resistance at 1.9545 level, besides the unionism of providing negative momentum by the main indicators, to notice resuming the negative movement to settle near 1.8860.

Forming extra barrier at 1.9090 level and providing negative momentum will reinforce the chances of resuming the bearish trend, to reach 1.8745 level, to repeat the pressure at 1.8675.

The expected trading range for today is between 1.8745 and 1.8900

Trend forecast: Bearish 

Natural gas price provided more of the sideways trading due to the contradiction of the main indicators’ negativity against holding above $2.620 support, however the main stability below the initial resistance at $3.150 makes us keep the negative scenario, to break $2.620 level, targeting extra negative stations by reaching $2.390 and $2.250.

While regaining the bullish track requires forming strong bullish waves, to settle above %23.6 Fibonacci correction level at $3.510.

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

Trend forecast: Bearish

The EURJPY pair remains stable until this moment below the barrier at 187.50 level, surrendering to the continuation of the main indicators, to form mixed trading by its fluctuation near 187.20.

The stability below the barrier might force it to provide more corrective attempts, to reach 186.10 and 185.65, while its success in stepping above the barrier and providing positive close will open the way for recording new gains by its rally towards 188.35 and 188.80 directly.

The expected trading range for today is between 186.10 and 187.50

Trend forecast: Fluctuated within the bullish track