The NZDCAD succeeded in keeping its positive stability within the bullish channel’s levels by its stability above the support at 0.8180, to begin forming the bullish waves and achieving some of the gains by reaching 0.8260.

The current positive stability above the moving average 55 and stochastic attempt to provide positive momentum will increase the efficiency of the bullish track, to expect targeting 0.8290 reaching 0.8335 level.

The expected trading range for today is between 0.8200 and 0.82900

Trend forecast: Bullish

Natural gas price repeated forming weak sideways trading by its fluctuation near $3.720, which forced it to delay the bullish rally by the continuation of forming extra barrier at $3.850 level against the current trading.

 Note that the stability of the moving average55 near the initial support at $3.600, and the continuation of stochastic fluctuations near 80 level, these positive factors make us wait for breaching the barrier to open the way for recording new gains that might extend to $3.950 and $4.150.

The expected trading range for today is between $3.650 and $3.950

Trend forecast: Bullish

The EURJPY pair confirmed the continuation of the bullish track by providing new positive closes above the moving average 55, which is located near the support at 161.90 level, to notice forming bullish waves by reaching 162.70.

Providing positive momentum by stochastic will increase the chances for attacking the barrier at 163.35 level, and surpassing it will reinforce the chances for achieving extra gains by its rally towards 164.00 and 164.80.

The expected trading range for today is between 162.00 and 163.35

Trend forecast: Bullish

The GBPJPY pair began today’s trading with clear positivity, getting advantage of the unionism of the main indicators for providing positive momentum, to notice achieving some gains by its current stability above the obstacle at 193.30 level.

Therefore, forming extra support at 192.50 level makes us keep the bullish suggestion, reminding you that the extra targets is located near 194.60 level reaching 23.6%Fibonacci correction level at 195.65.

The expected trading range for today is between 192.60 and 194.60

Trend forecast: Bullish