The EURUSD pair continued its upward movement during its latest intraday trading, with the recent rise bringing it to test the resistance level at 1.1790, which represented a target in our previous report. This move is supported by its continued trading above EMA50, which reinforces the stability and dominance of the main bullish trend in the short term, as prices move alongside major and minor bullish trendlines supporting this path.

The CADCHF ended the bullish corrective rebound by testing the barrier at 0.5785, to activate with the main indicators negativity by reaching 0.5680.

Note that the stability within the bearish channel’s levels and stochastic attempt to reach the oversold level will increase the negative pressures on the current trading, to reach 0.5650 level, attempting to press on 05610 in order to resume the negative attack in the upcoming period trading.

The expected trading range for today is between 0.5650 and 0.5705

Trend forecast: Bearish

Natural gas price continued providing strong bearish pressures on the support level at $2.620, due to the negative momentum by the main indicators, which makes us wait for breaking the required breakout, to begin targeting extra negative stations by reaching $2.390 and $2.250 initially.

The stability of the moving average 55 above the initial resistance towards $3.170 confirms the trading confinement within the negative track, to keep waiting for achieving the negative targets, waiting for the next close to detect the suggested targets in the upcoming trading.

The expected trading range for today is between $2.390 and $2.820

Trend forecast: Bearish

The EURJPY pair kept the previously suggested bullish scenario by its rally towards extra target at 187.35, to settle near it as appears in the above image.

Note that the stability in the current trading above 186.60 level will allows it to record extra gains that might begin at 187.75 and 188.25, while the decline below 186.60 might help to activate the attempts of gathering some gains by targeting 185.90 and 185.55 level.

The expected trading range for today is between 186.80 and 187.75

Trend forecast: Bullish