|
The NZDCAD keeps the positivity – Analysis – 24-1-2023
The NZDCAD pair confirmed its surrender to the domination of the bullish bias by rallying above the additional barrier 0.8625 recently, to notice achieving additional gains by moving towards 0.8700, also, the major indicators begin to provide the additional positive momentum to increase the chances of resuming the bullish attack, to expect targeting 0.8810 resistance line soon, while surpassing it will push the price to form new bullish waves in the upcoming period to target 0.8880 as a next station.
The expected trading range for today is between 0.8660 and 0.8810
The expected trend for today: Bullish
Thanks for your feedback.
Natural gas price is weak – Analysis – 24-1-2023
Natural gas price provided weak sideways trades yesterday, attempting to face stochastic positivity by settling below 3.500 level in order to reinforce the chances of resuming the negative attack again, thus, we will keep suggesting the domination of the bearish scenario for the upcoming period, to expect gathering the negative momentum and crawl towards 3.120 direct, followed by attempting to reach the next main target at 2.6000.
MoreThe EURJPY keeps the bearish bias – Analysis – 24-1-2023
The EURJPY pair provided negative close below the additional barrier 142.00 yesterday, to increase the chances of activating the negative attack again, while the current weak trades are caused by stochastic contradiction against the moving average 55 that provides negative signals by settling below the mentioned barrier.
MoreThe GBPJPY awaits the negative momentum – Analysis – 24-1-2023
The GBPJPY pair provided more positive correctional attempts to approach the additional barrier at 162.10 and settle below it, while the moving average 55 crawl below the major resistance at 163.40 will confirm confining trades within the bearish track for the upcoming period.
More