The price of (EURUSD) declined in its last intraday trading, to erase most of its early gains for today in attempt to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals, to gather its positive strength that might help it to renew the bullish momentum and rise again, with a positive support of EMA50, affected by the inverted head and shoulders pattern.

The EURGBP activated the attempts of gathering some gains by forming bearish corrective rebound, targeting %1.809 Fibonacci extension level at 0.8765, forming an extra support against the bullish trading.

Stochastic stability above 20 level will increase the chances of gathering bullish momentum, to make us prefer the dominance of the bullish scenario by targeting 0.8810 level, then attempting to press on the barrier at 0.8835 to find an exit to record new gains in the upcoming period.

The expected trading range for today is between 0.8765 and 0.8835

Trend forecast: Bullish

Natural gas price continued providing weak trading by its fluctuated moves near $4.500 level, attempting to surpass stochastic negativity, which attempts to exit the overbought level, depending on the stability of the support at $4.200.

Gathering bullish momentum is important for renewing the pressure on the barrier at $4.750, and surpassing it will open the way for recording extra gains that might begin at $4.910 and $5.180.

The expected trading range for today is between $4.250 and $4.750

Trend forecast: Fluctuated

The EURJPY pair is forced to provide weak sideways trading, affected by the contradiction between the main indicators, keeping its stability near 180.80, reminding you that the negative stability below 181.75 barrier forms main factors to motivate the dominance of the bearish corrective trend, to expect the attempt of pressing on 179.40 level, where surpassing it will form next main target at 178.60 for the bearish trading.

While breaching the mentioned barrier and holding above it will increase the chances of resuming the main bullish trend, to expect recording extra gains by its rally towards 182.30 and 183.05.

The expected trading range for today is between 179.30 and 181.10

Trend forecast: Bearish