EURAUD approaches the first main target – Analysis – 17-11-2017

Natural gas price confirmed keeping the bullish attempts by getting new positive close above the initial support at 3.050, while we will keep waiting to gather the bullish momentum again to ease the attempts to renew the bullish attack until reaching the main targets at 3.270 followed by 3.375.

Bouygues shares price hinted keeping the bullish bias domination to notice surpassing the minor bullish channel's resistance around 42.05, to move into new bullish track as appears on chart, besides, we notice 50% Fibonacci correction level consolidation around the breached resistance to form solid support against the bullish attempts, waiting to move towards 43.90 followed by 45.35 levels in the near term and medium term period.

The EURJPY pair was affected by some negative pressures due to stochastic exit from the bought areas, while in general, the price fluctuation above the bullish channel's support around 132.00 confirms the continuation of the positivity for the upcoming trading and expect to gather the required momentum to surpass the initial barrier at 134.00, followed by moving towards the first main target at 135.50.