The EURGBP begins the rise– Forecast today – 12-6-2025
The EURGBP succeeded in gathering the positive momentum by its stability above the support at 0.8375, surpassing the moving average 55 and achieving clear gains by its stability near 0.8480.
Stochastic approach from 80 level will increase the positive pressures on the trading, to keep waiting for our bullish expectation, to target 0.8505 level reaching 38.2%Fibonacci correction level at 0.8530 which forms a main key for detecting the main trend in the upcoming trading.
The expected trading range for today is between 0.8460 and 0.8530
Trend forecast: Bullish
Natural gas price hits the target– Forecast today – 12-6-2025
Natural gas price reached the next negative target at $3.450, which represents a neckline for the double top pattern, which forces it to provide some sideways trading by its rebound towards $3.550.
Note that the continuation of providing negative momentum by the main indicators will increase the negative pressures on the current trading, to keep waiting for breaking $3.450 level, reinforcing the chances for reaching extra negative stations near $3.290 and $3.100.
The expected trading range for today is between $3.290 and $3.600
Trend forecast: Bearish
The EURJPY reached the second target– Forecast today – 12-6-2025
The EURJPY pair formed a new bullish rally, taking advantage of stochastic reach to the overbought level, hitting the second positive target at 166.45, forming some mixed trading by reaching 165.75.
Note that the main stability within the bullish channel’s levels by forming extra support at 164.80 level, these factors make us keep the bullish suggestion, to keep waiting for breaching the barrier at 166.45, which allows it to reach new bullish station that might begin at 167.25 reaching the bullish channel’s resistance at 168.50.
The expected trading range for today is between 165.30 and 167.00
Trend forecast: Bullish
The GBPJPY needs a new momentum– Forecast today – 12-6-2025
There is no change for the GBPJPY pair’s track by the continuation of its fluctuations within the minor bullish channel’s levels, but its neediness to the positive momentum pushed it to form a new sideways fluctuation by its stability near 195.50.
Depending on forming an extra support at 194.50 level, to wait for gathering the positive momentum which allows it to confirm surpassing the obstacle at 195.65, to increase the chances of achieving the extra targets at 196.30 and 197.35 level.
The expected trading range for today is between 194.80 and 196.30
Trend forecast: Bullish