The EURJPY price managed to complete the bearish correctional attempts to notice reaching the main bullish channel’s support at 117.00 level for today, the upcoming scenario depends on the strength of this support, to begin to expect building new bullish bias that extend the trading to 118.55 reaching to 120.20 in the near period.

While suffering extra negative pressures and providing negative trading below the current support will get it out of the bullish range to begin preferring building main bearish bias, and 115.10 level forms the initial negative target for the bearish range.

Expected trading range for today is between 117.00 and 118.55.

Expected trend for today: Bullish.

Coffee future contracts attempted to form some positive attempts in the previous period, but its stability below the main resistance at 142.40 level supported the continuation of the dominant negativity in the upcoming trading, also the stability of the moving average 55 above this resistance increases the negative pressure, to keep waiting for forming strong negative attack, which allows it to press on the support at 133.00 to form the initial negative target in the near and medium period.

The current fluctuation of the price caused by stochastic surpass to the oversold level, but that increases the chances against gathering new negative momentum, which allows it to achieve the suggested target conditioned by the stability of the resistance to avoid any attempt to change the expected main trend.

Expected trading range for today is between 142.40 and 133.00

Expected trend for today: Bearish

Natural gas price lost its bullish momentum by stochastic decline below 50 level to keep its stability below 3.400 level, to continue providing sideways trading by its confinement above the support level at 3.150, therefore, we will keep waiting for gathering new positive momentum that allows it to achieve the required breach, to begin recording the waited targets at 3.700 and 3.9500.

Expected trading range for today is between 3.150 and 3.400

Expected trend for today: sideways

The CADCHF price managed to surpass the moving average 55 at 0.7540, to announce the continuation of the expected bullish attempts, the continuation of the positive pressure will allow the price to pass 0.7600 level, to begin achieving main positive targets by reaching 0.7690 and 0.7845.

Stochastic rally to the overbought level reinforces our bullish suggestion, to provide new positive momentum, to confirm the attempt of recording the suggested targets.

Expected trading range for today is between 0.7540 and 0.7690.

Expected trend for today: bullish.