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The EURTRY fluctuates within the bullish track – Analysis – 4-8-2022
The EURTRY pair lost its positive momentum recently, which pushed it to form correctional bearish rebound to touch 18.1425, noting that the main stability within the bullish channel and the moving average 55 attempt to form additional support by settling at 18.0280 allow us to wait to gather the positive momentum again, to manage to achieve positive gains by rallying towards 18.3345 followed by reaching the additional barrier at 18.5110.
The expected trading range for today is between 18.1160 and 18.3345
The expected trend for today: Bullish
Natural gas price consolidates below the resistance – Analysis – 4-8-2022
Natural gas price failed to crawl below 50% Fibonacci correction level that forms additional support at 7.600, to force it to postpone the negative attack and cover some losses by rallying towards 8.450.
MoreNikkei index provides positive signal – Analysis – 4-8-2022
Nikkei index provided positive signal by rallying above 27450 resistance recently, to notice achieving some gains by moving towards 28060, while this level might force intraday obstacle against the bullish trades, and stochastic continuous positive momentum signals will increase the chances of resuming the bullish attack, to expect reaching new positive attempts stations that start at 28440 and 28930 levels.
MoreThe EURJPY approaches the barrier – Analysis – 4-8-2022
The EURJPY pair kept the chances of renewing the bullish rally by holding above the additional support 133.60, to notice resuming the bullish attack and approach the first barrier at 136.70.
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