Despite the AUDCAD pair’s correctional decline yesterday, the frequent stability above the additional support at 0.8810 supports the domination of the bullish bias for the near-term and medium-term period.

Also, stochastic attempt to exit the oversold areas will reinforce the chances of gathering the additional positive momentum, to keep our bullish overview that might target 0.8890 followed by reaching the next main target at 0.8940.

The expected trading range for today is between 0.8820 and 0.8890

The expected trend for today: Bullish

Natural gas price started to gather the positive momentum due to stochastic rally above 50 level, to notice forming some positive waves by settling near 3.550, also, 3.250 level forms additional support to increase the chances of activating the bullish attack, to expect rallying towards 3.750 level soon, followed by attempting to press on the additional barrier 3.950, which forms the first main target for the current trades.

The expected trading range for today is between 3.400 and 3.950

The expected trend for today: Bullish

The EURJPY pair provided many mixed trades yesterday due to the continuous contradiction between the major indicators, to notice its fluctuation near 159.70 level, while the frequent negative stability below the additional barrier 160.60 will assist to activate the negative attack that might target 158.80 initially, followed by reaching the additional support 158.45.

Also, stochastic continuous negative momentum signals will increase the chances of activating the negative attack, waiting to reach the mentioned negative stations.

The expected trading range for today is between 160.20 and 159.10

The expected trend for today: Bearish

The GBPJPY pair repeated the positive closings above 183.00 level that formed additional support against the bullish attempts, to notice its fluctuation near 183.40 since morning, while the price needs new positive momentum to manage to attack 184.25 obstacle, assuring the importance of surpassing it to target more positive stations near 184.80 and 185.20.

Note that the price attempt to decline below the current support and providing negative close will force it to activate the correctional bearish track again, to suffer big losses that might extend towards 182.50 and 181.80.

The expected trading range for today is between 183.00 and 184.25

The expected trend for today: Bullish