EUR/USD Pair Price Analysis

Expected Scenario

• The EUR/USD pair resumes its negative trading clearly to succeed reaching our waited target at 1.0645$, and we suggest surpassing this level to open the way to achieve additional negative targets that start at 1.0525$ and extend to 1.0450$ mainly.
• Therefore, the bearish bias will remain dominant in the upcoming sessions unless the price rallied to breach 1.0765$ and hold above it.

Expected Trading Range

Between 1.0600$ support and 1.0720$ resistance.

EURGBP Pair Analysis

Expected Scenario

• The EURGBP pair has surrendered to the stability of the bearish channel’s resistance line at 0.8573.
• Additionally, the MA55 fluctuation near the resistance line has contributed to the activation of a negative attack, with the pair crawling towards 0.8535.
• Negative momentum signals from stochastic indicators are expected to increase the efficiency of the negative track.
• Next main target for negative trades is suggested to be around 0.8490.

Expected Trading Range

Between 0.8550 resistance and 0.8460 support.

Natural Gas Price Analysis

Expected Scenario

• Natural gas price has postponed the activation of the bullish track, with frequent closings below the $2.000 barrier.
• Formation of negative waves and settling near $1.780 indicate the beginning of bearish sentiment.
• Expectations include gaining negative momentum from major indicators and renewing bearish attempts, with a potential target of $1.660 soon.
• Continuous negative pressures may lead to a test of historical support at $1.540.

Expected Trading Range

Between $1.880 resistance and $1.660 support.

EURJPY Pair Analysis

Expected Scenario

• The EURJPY pair has started the day with a strong negative wave, testing the sideways range’s support line at 163.75.
• Stochastic crawling towards the 20 level increases the likelihood of gathering negative momentum.
• A successful break below the support could initiate a negative attack, targeting levels such as 163.30 and 162.40.

Expected Trading Range

Between 164.00 resistance and 163.30 support.