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The CADJPY continues to rise – Analysis – 15-6-2023

Economies.com
2023-06-15 05:19AM UTC

The CADJPY pair continued to form strong bullish waves to notice its fluctuation above the additional barrier 105.90, to hint its preparation to target more positive stations that might start at 106.60 followed by reaching 107.55 as a strong additional barrier against the bullish attempts.

 

Note that the bullish track depends on 23.6% Fibonacci correction level forming the additional support by settling at 104.45, in addition to stochastic positive momentum signals, to increase the chances of reaching the previously suggested additional targets.

 

The expected trading range for today is between 105.55 and 106.60

 

The expected trend for today: Bullish

Natural gas price without new actions – Analysis – 15-6-2023

Economies.com
2023-06-15 05:18AM UTC

Natural gas price still surrendering to the domination of the sideways bias, to notice its weak fluctuation, keeping its negative stability below the bearish channel’s resistance at 2.550.

 

Activating the bearish track requires gathering the additional negative momentum to manage to renew the pressure on the additional support at 1.950, while breaking it will extend trades towards the next main target at 1.480 direct.

 

The expected trading range for today is between 2.500 and 2.100

 

The expected trend for today: Bearish

The EURJPY achieves clear gains – Analysis – 15-6-2023

Economies.com
2023-06-15 05:16AM UTC

The EURJPY pair took advantage of the frequent positive stability above 150.60 level that forms the additional support against the bullish attempts, to notice resuming recording gains and achieve the second waited target at 152.80.

 

The price has no escape from resuming the bullish rally by consolidating above 152.10 level, in addition to stochastic additional positive momentum signals, thus, we expect to move towards 153.20 direct, followed by attempting to test the historical resistance at 153.90.

 

The expected trading range for today is between 152.10 and 153.20

 

The expected trend for today: Bullish

The GBPJPY continues to rise – Analysis – 15-6-2023

Economies.com
2023-06-15 05:16AM UTC

The GBPJPY pair didn’t get enough reaching the target at 178.10, to take advantage of the major indicators’ positivity to resume the bullish attack and achieve additional gains to touch 178.60 level.

 

The main stability within the bullish channel and facing continuous positive pressures will increase the chances of reaching new positive stations that might extend towards 179.60 followed by facing historical barrier at 180.25.

 

The expected trading range for today is between 177.90 and 179.60

 

The expected trend for today: Bullish