The EURUSD price resumes its negative trading after testing 1.0860 level in the previous sessions, which supports the continuation of the expected bearish trend on the intraday basis, motivated by the negative overlapping signal provided by stochastic now, and we believe that the way is open to achieve our main waited target at 1.0765.

Therefore, we are waiting for more expected decline in the upcoming sessions unless breaching 1.0860 and holding above it.

The expected trading range for today is between 1.0780 support and 1.0920 resistance.

Trend forecast: Bearish

Despite the EURGBP pair’s recent new sideways trades and settling near 0.6545, the main consolidation within the bearish channel and the stability of the major resistance at 0.8575 support our main bearish overview.

The stability of the MA55 near the mentioned resistance and stochastic crawl below 50 level will increase the negative pressures on the price, to keep waiting to target the negative stations that might start at 0.8490 followed by reaching the next main target near 0.8448.

The expected trading range for today is between 0.8565 and 0.8490

Trend forecast: Bearish

Natural gas price repeated the positive closings above the historical support at 1.540, to reinforce the chances of activating the previously expected correctional bullish track, noticing stochastic approach to 80 level, to ease the mission of gathering the required positive momentum to surpass 1.810 level and reach 2.000 barrier direct, to form the first main target for the bullish track.

We remind you that the price attempt to break the mentioned support will holding below it will cancel the positive overview, to expect forming strong negative waves again that might push it to suffer big losses by crawling towards 1.350 and 1.220.

The expected trading range for today is between 1.650 and 1.900

Trend forecast: Bullish

The EURJPY pair confirmed regaining the bullish bias by rallying above the bullish channel’s support line at 162.75 yesterday, to notice forming strong positive rally and achieve many gains by reaching 164.60.

We will depend on the attempt of 163.75 level to form the additional support in addition to the continuous positive momentum coming by the major indicators to increase the chances of achieving additional gains that might extend towards 164.90 followed by reaching the next main target at 165.30.

The expected trading range for today is between 164.10 and 164.90

Trend forecast: Bullish