The CADJPY succeeded by confirming the bullish scenario by breaching the barrier at 109.32, recording some extra gains, to settle near 110.25 as appears in the above image.
The main indicators unified by providing positive momentum, specifically by stochastic attempt to settle within the overbought level will increase the chances of achieving extra gains, to expect its rally towards 111.05 reaching 1.809%Fibonacci extension level near 111.90.
The expected trading range for today is between 109.75 and 111.05
Trend forecast: Bullish
Natural gas price succeeded in achieving the condition of activating the bullish track by its rally above $3.830 level, forming strong bullish rally and achieving several gains by its stability near $4.100.
MoreThe EURJPY pair formed strong bullish rally, taking advantage of the positive factors that are represented by its stability above the extra support at 177.05 besides the main indicators attempt to provide positive momentum, to notice recording the initial target by reaching 178.80.
MoreThe GBPJPY pair took advantage of its repeated stability above 200.45 support, to activate yesterday’s suggested bullish attack and recording the initial targets by hitting 203.25 level.
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