The EURUSD pair declined in its recent intraday trading, preparing to break the key support at 1.1690, amid the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, amid the dominance if bearish corrective wave on the short-term basis, and trading alongside trend line, besides the continuation of the negative pressure due to its trading below EMA50, intensifying the negative pressure on the price.

The CHFJPY activated the bearish corrective track after recording 204.35 level, to begin gathering some of its gains by reaching 201.65, facing %100 Fibonacci extension level, which forms a key support for the current trading.

To notice positive momentum by stochastic, to increase the chances of renewing the bullish attempts by its stability near 202.25 level, and the continuation of the positive pressures might lead it to resume the bullish attempts, to expect reaching 202.70, then to attempt to breach 203.25 barrier.

The expected trading range for today is between 201.900 and 202.70

Trend forecast: Bullish

Natural gas price remains stable until this momentum near $2.620 level, attempting to find an exit for resuming the previously suggested negative trend, reminding you that the bearish scenario will remain valid by the stability below the resistance at $3.185, to keep waiting for breaking the current support, to open the way for reaching extra negative stations, holding at $2.390 and $2.250 level.

While regaining the bullish trend requires forming strong bullish waves, to attempt to settle above $3.500 level, which allows it to target several positive stations by its rally towards $3.900.

The expected trading range for today is between $2.400 and $2.850

Trend forecast: Bearish

The EURJPY pair ended the last corrective decline by targeting 186.05 level, activating with the main indicators’ positivity, to rally towards 186.90, announcing its attempt to renew the bullish attempts.

Our bullish scenario depends on forming initial support level at 185.65 level, and surpassing 50 level by stochastic will increase the chances of gathering positive momentum, to ease the mission of targeting 187.40 level, to press on 187.75 barrier again, to find an exit for recording extra gains in the upcoming period.

The expected trading range for today is between 186.40 and 187.75

Trend forecast: Bullish