The EURJPY pair faced stochastic negativity by providing new bullish close above 179.30 level, forming extra support for the bullish attempts, waiting for gathering extra momentum to ease the mission of surpassing 180.60 level, to confirm the continuation of the bullish scenario, to expect its rally towards 180.95 reaching the next main target at 181.55.

The risk of delaying the bullish attack is represented by the attempt of breaking 178.60 level, which forces it to activate the bearish corrective track, and forcing it to suffer some losses by reaching 177.65 and 177.05.

The expected trading range for today is between 179.30 and 180.60

Trend forecast: Bullish

The (ETHUSD) price declined in its last trading on the intraday levels, with the continuation of the negative pressure due to its trading below EMA50, reinforcing the strength and dominance of the main bearish trend on the short-term basis, especially with its trading alongside supportive trendline for this trend, besides the emergence of negative overlapping signals on the relative strength indicators, after reaching exaggerated overbought levels compared to the price move, indicating the beginning of forming negative divergence.

The (Brent) price settled in its last intraday trading, amid the dominance of the main bearish trend on the short-term basis and its trading alongside supportive trend line for this trend, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, to surpass the support of its EMA50, to reinforce the chances of the price decline on the near-term basis.

Silver price kept rising in its last intraday trading, surpassing the resistance of its EMA50, getting rid of its negative pressure amid the dominance of the main bullish trend and its trading alongside minor trend line on the short-term basis on the short-term basis, on the other hand, we notice the emergence of negative overlapping signals on the relative strength indicators after reaching overbought levels, which might reduce the upcoming gains of the price.