The EURUSD pair declined in its last intraday trading, affected by negative technical formation on the intraday basis, which is represented by the double top pattern, and it is under the dynamic negative pressure that is represented by its trading below EMA50, besides the emergence of the negative signals from the relative strength indicators, after offloading its oversold conditions, opening the way for recording more of the losses.

The CHFJPY price ended the last negative movement by facing a key support at 200.55 level, which forces it to delay the decline and begin providing sideways trading to settle near 200.70.

Note that the continuation of forming extra barrier at 201.05 level and providing negative momentum by the main indicators will increase the chances of renewing the negative pressures on the current support, to confirm the importance of surpassing it to open the way for reaching new stations that might begin at 200.25 and 199.90.

The expected trading range for today is between 200.25 and 200.90

Trend forecast: Bearish by achieving the break

Natural gas price settles negatively below the barrier at $3.450, taking advantage of providing additional negative momentum by stochastic reaching below 50 level, to support the continuation of the previously suggested negativity.

The beginning of forming negative attempts by providing strong pressures on $2.810 level and surpassing it will make it reach the next support at $2.620, which represents detecting key for the main trend in the upcoming period.

The expected trading range for today is between $2.810 and $3.150

Trend forecast: Bearish

The EURJPY pair returned to providing weak sideways trading, due to its failure in breaching 184.20 level, opening the way towards additional positive stations near 184.80 and 185.45.

The main indicators’ contradiction might push the price to provide new mixed trading, note that the failure to confirm the breach might force it to form some bearish waves, attempting to reach 183.70 and 183.35.

The expected trading range for today is between 183.70 and 184.80

Trend forecast: Bullish