The EURJPY pair provided a new positive close above 124.85 level, which formed an extension to the current support, confirming its readiness to build a strong bullish trading in the near and medium period, providing positive momentum by stochastic rally above 50 level will increase the chances for hitting the initial target at 126.20, surpassing this barrier makes us expect reaching 127.50 to form the second target for the upcoming trading.

The expected trading range for today is between 125.20 and 126.20

The expected trend for today: bullish

The Sweden index price formed a minor bearish channel in the last period trading, to depend on the stability of the resistance at 1570.00 to prefer the negative attempts in the near and medium period, noticing that the price provides a strong negative pressure on 1560.00 obstacle, where breaking this barrier makes us expect reaching 1550.00 directly, to form the initial main target in the medium trading.

The fluctuation of the moving average 55 near the bearish channel resistance, besides stochastic reach below 50 level, all these circumstances form main factors to confirm the continuation of the negativity, which increases the chances for gaining the negative momentum, which allows it to achieve the suggested target.

The expected trading range for today is between 1565.00 and 1550.00

The expected trend for today: Bearish

The AB price confirmed by its repeated stability above 69.75 support its readiness to form a strong bullish attack by forming the inverted head and shoulders pattern, reminding you that the stability of the initial positive target at 74.30 and gathering a new positive momentum might make the price succeed to reach 50% Fibonacci correction level at 78.92.

The fluctuation of the moving average 55 below the current support confirms the price confinement within the bullish range, to increase the strength of the support, to end any chance for changing the main trend before reaching the suggested main targets.

The expected trading range for today is between 71.20 and 74.30

The expected trend for today: Bullish

The NZDCAD price failed to breach the resistance at 0.9196, to keep its stability within the negative range until this moment, gaining negative momentum makes us expect forming a bearish wave to press on the moving average 55 at 0.9018 then attempts to reach to the main negative target at 0.8930 level.

Note that surpassing the current resistance and providing a positive close will confirm changing the main trend, to begin forming a strong bullish trading, to achieve several gains by reaching 0.9315 and 0.9440.

The expected trading range for today is between 83.40 and 85.25

The expected trend for today: Bullish