The EURUSD price resumes its negative trading to surpass our first target at 1.0333$ and confirm the continuation of the bearish trend domination in the upcoming sessions, waiting to visit 1.0250$ that represents our next main target, to continue suggesting the bearish trend on the intraday and short-term basis conditioned by the price stability below 1.0385$.

The expected trading range for today is between 1.0290$ support and 1.0445$ resistance

Trend forecast: Bearish

The CHFJPY price formed some correctional bearish trades after reaching 175.75 level, to activate the attempts to gain profits and notice targeting 50% Fibonacci correction level at 172.70 to form solid support against the current trades.

Also, the consolidation of the MA55 near the current support confirms confining trades within the bullish track, to keep waiting to start gathering the positive momentum and manage to form bullish waves to target 174.40 level soon, followed by attempting to press on 175.75 recorded high.

The expected trading range for today is between 172.90 and 174.40

Trend forecast: Bullish

Natural gas price formed more negative waves to move away from 4.050$ resistance line and provide new negative pressures on 3.570$ level in order to find a way to resume the negative for the near-term and medium-term period.

The above chart shows stochastic attempt to provide the negative momentum by fluctuating below 50 level to increase the chances of breaking the current obstacle to start targeting new negative stations by crawling towards 3.420$ and 3.310$.

The expected trading range for today is between 3.420$ and 3.700$

Trend forecast: Bearish

The EURJPY pair surrendered to the stability of 164.80 barrier to notice forming correctional bearish waves to settle near 162.20, testing the minor bullish channel’s support line that appears on the chart.

Note that crawling below the MA55 and stochastic continuous negative momentum might force the price to break the current support and suffer additional losses by crawling towards 161.60 and 161.00 levels, while holding above the support will reinforce the chances of forming bullish waves, to wait to rally above 163.30 to confirm its preparation to activate the bullish track again.

The expected trading range for today is between 161.60 and 163.00

Trend forecast: Bearish