The CADJPY formed a weak positive move, attempting to face stochastic negativity and holding above the initial support level at 106.50, to notice recording some gains by its stability at 108.00.
the price might continue the temporary sideways fluctuation until gathering the extra positive momentum, to ease the mission of surpassing the barrier at 108.40, then begin targeting several positive stations by reaching 109.00 and 109.55.
The expected trading range for today is between 107.50 and 108.40
The expected trend for today: Bullish
Natural gas price couldn’t change anything until this moment, to keep fluctuating between the 2.450 support and 2.800 level, which forms a strong barrier against the attempt of renewing the bullish attack.
MoreThe EURJPY pair succeeded to surpass the negative pressures, to keep the main stability within the bullish channel’s levels, to bounce from 156.60 level to settle near 157.60.
MoreThe GBPJPY pair ended the last bearish correctional rebound, by testing the minor bullish channel’s support at 182.65, to settle above it in order to reinforce the domination of the bullish scenario, the price needs a new positive momentum, to ease the mission of holding above 183.50 level, then reaching the positive stations at 184.30 reaching 185.20.
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