No change on copper price’s bearish corrective track until this moment due to the negative stability below $5.9700 level, increasing the chances of forming bearish waves, attempting to reach the negative stations at $5.6200 and $5.5100.

Breaching the barrier and holding above it will open the way for recording new gains, to expect forming the initial target at $6.1200 level, reaching the resistance at $6.2600.

The expected trading range for today is between $5.5100 and $5.8500

Trend forecast: Bearish

EURCAD activated with the negative pressures that comes from stochastic decline towards the oversold level, which forces it to break the bullish track that is represented by 1.6095 level, to suffer clear losses by reaching 1.5835.

Forming strong resistance by the broken support, besides facing negative pressure confirms targeting extra negative stations that might extend towards 1.5725 and 1.5660.

The expected trading range for today is between 1.5725 and 1.6070

Trend forecast: Bearish

Natural gas prices repeatedly provided negative closes below $3.450 level, activating with the main indicators by their stability near $3.000.

No escape for resuming the negative attack, to keep waiting for reaching the initial target at $2.750, attempting to press on the extra support near $2.640.

The expected trading range for today is between $2.750 and $3.210

Trend forecast: Bearish

The EURJPY pair affected by the main indicators’ contradiction yesterday, which forces it to form mixed waves then begin forming a new decline, to settle near 182.30, reminding that the negative scenario remains valid, depending on the continuation of forming %61.8 Fibonacci correction level by its stability at 184.05, stochastic reaching below 50 level supports our bearish scenario, to keep waiting for targeting 181.55 level, reaching the next support near 181.10.

The expected trading range for today is between 181.55 and 183.20

Trend forecast: Bearish