The EURUSD pair extended its losses during its latest intraday trading, confirming a break below the 1.1430 support level. The pair remains under pressure from the prevailing short-term bearish trend, with negative momentum continuing as prices trade below EMA50, despite the relative strength indicators remaining deeply oversold, a condition that has so far failed to trigger any meaningful rebound, highlighting the strong dominance of sellers in the market.

The CHFJPY pair maintained its negative stability below the current resistance level represented by 200.65, strengthening the effectiveness of the previously suggested bearish path. The pair is currently trading near the 199.75 level.

We note that the positioning of the 55-period moving average above the current trades, along with the Stochastic indicator attempting to move toward the oversold zone, will increase the chances of the price gathering negative momentum. This would facilitate the move toward bearish targets, which may begin at 198.80 and then 198.10 respectively.

The expected trading range for today is between 198.80 and 200.10

Trend forecast: Bearish

Natural gas price remains positioned below the 55-period moving average, fluctuating repeatedly near the $3.250 level, confirming its continued adherence to the bearish scenario, which is based on the stability of resistance at $3.520.

We emphasize the importance of the price gathering negative momentum at the current levels, which would allow it to form further bearish waves and target the $3.050 and $2.920 levels respectively in the near term. However, a breakout above the resistance level and stability above it would confirm a shift toward the bullish path, allowing the price to begin recording further gains with an initial target at $3.710.

The expected trading range for today is between $3.050 and $3.350

Trend forecast: Bearish

The EURJPY pair remains affected by the dominance of sideways movement due to the continued conflict between the main indicators. The pair continues to fluctuate within the temporary sideways range, with resistance holding at the 185.50 level, while the stability of support at 184.20 is preventing the activation of a bearish corrective move.

Based on the above, we will maintain a neutral stance until the price surpasses one of the key levels. It is worth noting that a successful break below the current support and stability beneath it would open the way toward several corrective targets, which may begin at 183.55 and then 182.85.

The expected trading range for today is between 184.20 and 185.50

Trend forecast: Neutral