Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

The CADJPY keeps the positivity – Forecast today – 13-11-2024

Economies.com
2024-11-13 07:23AM UTC

The CADJPY continued forming bullish waves, moving away from the support at 109.35, to notice recording gains by reaching 111.10.

 

Note that the main indicators unionism by providing the positive momentum will reinforce the chances for resuming the bullish attack, to expect targeting 111.50 level, then attack the obstacle at 112.10 in order to find an exit for resuming the bullish attack in the upcoming period trading.

 

The expected trading range for today is between 110.30 and 111.50 

 

Trend forecast: Bullish

Natural gas price achieves the second target – Forecast today – 13-11-2024

Economies.com
2024-11-13 05:49AM UTC

Natural gas price continued forming bullish waves, to record the second target at 3.030, which forces to decline temporarily towards 2.910$ affected by stochastic exit from the overbought level.

 

The intraday decline will not be dangerous on the main bullish track, depending on forming extra support at 2.830$, gathering extra positive momentum makes us expect targeting new positive stations by its rally to 3.120$ and 3.190$.

 

The expected trading range for today is between 2.850 and 3.120

 

Trend forecast: Bullish

 

The EURJPY hits the initial target – Forecast today – 13-11-2024

Economies.com
2024-11-13 05:46AM UTC

The EURJPY pair got advantage from the repeated stability above the support level at 163.25, to notice forming a clear positive rally yesterday, achieving the initial target by hitting 164.50 level and settles near it.

 

Facing the moving average 55 might force it to form temporary sideways fluctuation until gathering the extra positive momentum, to ease the rise mission and reaching the extra stations at 164.90 and 165.30.

 

The expected trading range for today is between 163.90 and 164.90

 

Trend forecast: Bullish

The GBPJPY settles above the support – Forecast today – 13-11-2024

Economies.com
2024-11-13 05:45AM UTC

The GBPJPY pair repeated providing positive closes above the support level at 197.00, attempting to reinforce the chances for forming the bullish rally by its stability near 197.40.

 

Stochastic attempt to provide the positive momentum and the stability of the moving average 55 near the current support, so these factors support our bullish suggestion, to keep waiting for surpassing 197.70 level, then begin recording big gains by its rally to 198.90 and 199.70.

 

The expected trading range for today is between 196.90 and 198.90

 

Trend forecast: Bullish