The EURUSD price declined in its last intraday trading, taking a short break gathering the gains it made by its recent rises, attempting to gain some of the positive momentum that help it to rise, and there are positive signs coming from the (RSI).
The CADCHF confirmed the continuation of the bearish track by providing repeated closes within the bearish channel’s levels, besides reaching below the extra barrier at 0.6010, to notice continuing providing negative trading and holding near 0.5865.
Note that the convergence of the main indicators by providing negative momentum will increase the negative pressures on the current period trading, to keep waiting for targeting 0.5775 level, and surpassing it will lead the price to attack the bearish channel’s support at 0.5640.
The expected trading range for today is between 0.5775 and 0.5925
Trend forecast: Bearish
Natural gas price confirmed its surrender to the bearish bias domination by providing new negative close below $3.640 level, to begin activating with the negativity of the main indicators by reaching $3.230.
Stochastic reach to the oversold level will increase the chances for gaining the extra negative momentum, which supports the chances for resuming the negative trading, targeting $3.190 and $3.110.
The expected trading range for today is between $3.190 and $3.480
Trend forecast: Bearish
The EURJPY pair provided new negative close below the bearish channel’s resistance at 163.25 level, to confirm its surrender to the suggested negative scenario, to notice hitting the initial target at 161.30.
Stochastic exit from the overbought level will provide new negative momentum, that will allow it to reach below the moving average 55 and reach new negative stations by hitting 160.35 followed by the extra support near 159.55.
The expected trading range for today is between 160.35 and 162.25
Trend forecast: Bearish