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Forecast update for EURUSD -29-07-2026
The EURUSD pair declined in its last intraday trading, reaching EMA50’s resistance, putting it under negative pressure amid the dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend for this path, besides the emergence of the negative signals from the relative strength indicators, after reaching exaggerated overbought levels compared to the price move, intensifying the negative pressure, indicating more downside moves in the near upcoming period.
The EURGBP resumes the bullish correction– Forecast today – 29-7-2026
The EURGBP continued forming bullish corrective waves, benefiting from stochastic positivity, to notice surpassing the barrier at 0.8555 barrier to ease the mission of achieving some gains by reaching 0.8573 level.
MoreNatural gas price is approaching support level– Forecast today – 29-7-2026
Natural gas price activated the previously suggested negative attack, approaching the support at $2.620, which formed the initial main target in the bearish scenario, note that the continuation of providing negative momentum that might push the price to break the current support, to reinforce the chances of reaching extra negative stations that might begin at $2.510 reaching $2.280.
MoreThe EURJPY is waiting for achieving the breach– Forecast today – 29-7-2026
The EURJPY pair renewed the bullish attempts yesterday, facing 186.65 barrier, which formed a strong obstacle against the attempts of resuming the bullish trend.
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