CADJPY Price Analysis

Expected Scenario

• The CADJPY price kept its consolidation within the bullish channel that appears on the chart, noticing stability above the additional support at 111.90 and motivating the bullish rally by recording big gains reaching 113.20.
• Stochastic stability within the overbought areas will increase positive pressures on the price, maintaining our bullish overview. This might target 113.70 followed by attempting to press on the major resistance at 114.20.

Expected Trading Range

Between 112.85 support and 113.70 resistance.

Natural Gas Price Analysis

Expected Scenario

• Natural gas price provided new positive close above 2.000$ level, confirming moving to the bullish track and noticing its fluctuation above the MA55 to settle near 2.130$.
• The major indicators provide the positive momentum to push the price to form a strong bullish rally in the near-term period, to expect surpassing the first target at 2.250$ and open the way to resume the bullish trades that might target the next barrier at 2.500$.

Expected Trading Range

Between 2.050$ support and 2.250$ resistance.

EURJPY Price Analysis

Expected Scenario

• The EURJPY pair didn’t get enough of reaching the targeted resistance line mentioned in our previous report at 165.70, to notice its affect by the positive pressures caused by the major indicators that provide the positive momentum, to settle above this resistance and attempt to confirm the continuation of the positivity for the upcoming period.
• We assure the importance of providing new positive close above 165.70 to ease the mission of achieving additional gains that might extend towards 166.10 followed by reaching the next main target at 166.45.

Expected Trading Range

Between 165.55 support and 166.10 resistance.