The EURJPY pair provided new positive close above the support base at 132.15, to confirm its readiness to provide strong bullish trading in the near and medium period, and stochastic rally to the overbought level eases the attempt for gathering the bullish momentum, opening the way towards achieving the main targets that begin at 134.55 reaching 137.00 in the upcoming period.
Expected trading range for today is between 132.15 and 134.55
Expected trend for today: Bullish
Thanks for your feedback.
Tesco shares price was forced to repeat the sideways attempts recently by consolidating around 187.40 level due to lacking the bullish momentum, noting that the moving average 55 consolidation below the current price forms the main factor to confirm the bullish bias domination, to form solid support around 182.40 and increase the chances of resuming the bullish attack in the near term and medium term period.
MoreNatural gas price provided new negative trading yesterday by declining below the sideways range support at 2.880, but the quick rebound above this support allows us to continue with our neutrality for today, as we prefer to wait to get four hours' candlestick below the current support to confirm the preparation to build new bearish bias followed by starting to record the main negative targets that start at 2.750 followed by 2.500.
MoreThe CADCHF pair still stable within the bullish channel to confirm the preparation to form strong positive attack by moving away from 0.7790 support line, while the price gets its main momentum by the moving average 55 consolidation below the current price besides stochastic rally above 50 level, to expect targeting 0.7900 followed by 0.7962 in the upcoming period.
More