The price of (EURUSD) soars high in its last intraday trading, getting rid of the negative pressure of the EMA50, providing more bullish momentum to open the way towards achieving more gains, especially after breaching its current resistance at 1.1665, amid the dominance of minor bullish wave on the short-term basis, on the other hand, it might limit its gains due to the positive overlapping signals on the (RSI), after reaching overbought levels.

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The EURNZD reached strong resistance at 2.000 level, which forces it to activate the attempts of gathering the gains by targeting 1.9790 level, to resist the negative pressure by its rally to 1.9770.

Note that the stability of the price within the bullish channel’s levels by the attempt of forming extra support at 1.9760 level, these factors help to confirm the continuation of the positivity, to expect the price rally to 1.9960, then attempt to breach the resistance to record new gains in the upcoming period.

The expected trading range for today is between 1.9820 and 1.9960

Trend forecast: Bullish

The EURJPY pair needs positive momentum until this moment by the continuation of the contradiction between the main indicators, which forces it to form an intraday decline to 171.10, reminding you that the stability of the trading above extra support at 170.45 reinforces the chances for activating the bullish attack, gathering the positive momentum makes us expect forming a strong rally, to target 172.45 level directly, attempting to surpass the barrier at 173.40 to confirm the continuation of the positivity in the upcoming period trading.

The expected trading range for today is between 170.90 and 173.40

Trend forecast: Bullish

The GBPJPY pair didn’t move anything since yesterday’s trading, forming sideways fluctuation by its stability near 199.00, attempting to gather more of the required targets at 200.80 and 201.55 level.

Note that the price declined below the extra support at 197.85 and holding below it, so that will confirm delaying the bullish attack, forcing it to suffer some losses by reaching 197.10 followed by the moving average 55 at 196.20.

The expected trading range for today is between 198.20 and 200.80

Trend forecast: Bullish