|
The CADCHF reaches a strong barrier– Forecast today – 16-3-2026
The CADCHF ended the previously suggested bullish corrective rally by recording the target at 0.5775, forming a strong barrier to begin forming weak sideways trading by its stability near 0.5760.
While the continuation of the fluctuations below the current barrier that might push it to activate with the main indicators negativity, to begin forming bearish waves, to target 0.5685 and 0.5645 level, while breaching the barrier and holding above it will delay the negative attack, providing a chances for recovering more losses by its rally towards 0.5815 initially.
The expected trading range for today is between 0.5685 and 0.5780
Trend forecast: Bearish
Thanks for your feedback.
Natural gas price surrenders to the stability of the barrier– Forecast today – 16-3-2026
Natural gas prices provided a new negative closure below $3.450 level, to form negative waves by reaching $3.105, approaching the previous initial negative target.
MoreThe EURJPY affected by the contradiction between the main indicators– Forecast today – 16-3-2026
No news for the EURJPY pair due to the continuation of the main indication contradiction, to keep providing mixed trading, fluctuating near 182.60 level, reminding you that the stability below 184.40 level might assist renewing the negative attempts by breaking 182.00 level, to target extra bearish stations by reaching 181.55 and 180.80.
MoreThe GBPJPY settles above the support– Forecast today – 16-3-2026
The GBPJPY pair lost positive momentum, forcing it to provide mixed trading as we expected previously to reach 211.05. The current negativity is caused by stochastic exit from the oversold levels, but it will not affect the bullish trend, depending on forming additional support at 210.60 against the current trading.
More