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Forecast update for EURUSD -21-05-2025

Economies.com
2025-05-21 10:18AM UTC

The price of (EURUSD) declined in its recent intraday trading, gathering the gains of its previous rises, and attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of negative overlapping signals there, amid the main bullish trend domination on the short-term basis and its trading alongside a bias line.

 

 

 

The GBPCAD attempts to resume the rise– Forecast today – 21-5-2025

Economies.com
2025-05-21 05:28AM UTC

The GBPCAD began proving positive signals by surpassing the 1.8590 level, to activate the inverted double top pattern by achieving some of the gains by hitting 1.8670 level.

 

Note that the continuation of stochastic fluctuation near 80 level will increase the chances for gaining positive momentum in the current period, to ease the mission of recording extra gains that might extend towards 1.8755 reaching the resistance of the bullish channel at 1.8920 in the near period trading.

 

The expected trading range for today is between 1.8600 and 1.8755

 

Trend forecast: Bullish

Natural gas price recovers its losses– Forecast today – 21-5-2025

Economies.com
2025-05-21 05:28AM UTC

Natural gas price succeeded in surpassing the bearish bias domination by its rally above the barrier at $3.340, to notice forming a strong bullish rally, recovering the previously achieved losses due to its stability near $3.750.

 

By the above image, we notice the stability of the moving average 55 near $3.580 level, forming an extra support, to increase the chances for resuming the bullish attack, to expect reaching $3.950, then attempt to press on the next barrier at $4.150.

 

The expected trading range for today is between $3.650 and $3.950

 

Trend forecast: Bullish

 

The GBPJPY is without any new– Forecast today – 21-5-2025

Economies.com
2025-05-21 05:25AM UTC

The GBPJPY pair remains affected by the contradiction between the main indicators, delaying the bullish rally, to continue providing sideways trading by its stability near 193.00, as the price remains stable above the main support at 191.20, so the bullish suggestion remains valid, to expect renewing the pressure on the obstacle at 194.60 in order to resume the bullish attack, and 195.30 level represents the next main target for the bullish trading.

 

The attempt of the moving average 55 to form extra support by its fluctuation near 192.00 makes us keep the bullish suggestion until reaching the mentioned targets.

 

The expected trading range for today is between 192.45 and 194.00

 

Trend forecast: Fluctuated within the bullish track.

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1689 (2025-07-22 12:45PM UTC)