The price of (EURUSD) witnessed fluctuated trading on its last intraday levels, amid the recovery attempts, supported by the emergence of the positive signals on the relative strength indicators, under the dominance of bullish corrective wave on the short-term basis with its trading alongside trendline, taking advantage of its trading above EMA50, to reinforce the chances of the price recovery.

AUDCAD ended the last bullish rally by facing the barrier at 0.9255, representing 38.2% Fibonacci correction level, pushing it to provide mixed trading to settle near 0.9190.

Note that the stability below the barrier and stochastic attempt to provide negative momentum by reaching below 50 level will increase the negative pressure, to begin preferring the bearish trend dominance to target 0.9140 level, to attack the moving average 55 near 0.9070.

The expected trading range for today is between 0.9140 and 0.9225

Trend forecast: Bearish

Natural gas prices activated the scenario of gathering the gains by reaching below the extra support at $4.750, targeting $4.580 level as appears in the above image.

Stochastic exit from the overbought that might increase the temporary negative pressure on the price, to expect reaching $4.420 and there is a chance for retesting the next support at $4.200, while the price success to step above $4.750 will increase the chances of forming strong bullish trading, to repeat the attempts of reaching $5.100.

The expected trading range for today is between $4.420 and $4.800

Trend forecast: Bearish

The EURJPY pair took advantage by the positive pressures, confirming the main bullish scenario to surpass the barrier at 181.70 yesterday, and achieving clear losses by reaching 182.62.

Stochastic attempts to reach overbought level will increase the chances of gathering the bullish momentum, which makes us prefer more of the bullish attempts that might target 183.10 level reaching 184.05, forming the current main target in the bullish trading.

The expected trading range for today is between 181.45 and 183.10

Trend forecast: Bullish