The price of (EURUSD) continued its decline in its last intraday trading, to break the support level at 1.1630, accompanied by surpassing the support of EMA50, intensifying the negative pressures, amid the dominance of the main bearish trend on the short- term basis, with the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels.
Get high-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s top markets:
US Stock Signals from €44/month
Subscribe via TelegramCrypto Signals from €49/month
Subscribe via TelegramForex Signals from €49/month
Subscribe via TelegramVIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month
Subscribe via TelegramFull VIP signals performance report for 13-17, October 2025:
View Full Performance Report Telegram (https://t.me/besttradingsignalstocksbot?start=p88d632b0-66dd-11f0-a948-13815052d5ae)
The EURNZD approached by its last bullish rally from the resistance of the bullish channel by hitting 2.04840 level, forcing it to form temporary bearish correction, affected by stochastic exit from the overbought level, activating the attempts of taking the profits by reaching 2.02425.
Note that the stability of the price within the bullish channel’s levels mainly by forming extra support at 2.01850 level, make us wait for gathering bullish momentum then begin forming strong bullish waves, to target 2.04185 level re205420 resistance, which forms the main target in the current period trading.
The expected trading range for today is between 2.02245 and 2.04285
Trend forecast: Bullish
Natural gas price affected by the economic data, forming strong bullish rally yesterday, surpassing the resistance at $3.350 then recording big gains by reaching $4.060, to settle above $3.830 level, which forms a new support against the bullish trading.
Providing positive momentum by the main indicators will increase the strength of the bullish track, to expect resuming the bullish attack, to target $4.150 level reaching the next resistance near $4.280.
The expected trading range for today is between $3.900 and $4.150
Trend forecast: Bullish
Despite the weakness of the EURJPY pair last trading, its stability within the bullish channel’s levels and the continuation of forming extra support at 175.25 level supports our bullish suggestion in the near trading, to keep waiting for targeting 177.05 level reaching the top at 177.85.
Note that reaching below the current support and providing negative close will force it to activate the bearish corrective track, reaching 174.15 initially, and breaking this level will force it to decline towards 173.40, approaching the support of the main bullish channel.
The expected trading range for today is between 175.25 and 177.05
Trend forecast: Bullish