The price of (EURUSD) settled lower in its last intraday trading, attempting to look for rising low to take it as a base to help it gains the required bullish momentum for its recovery, especially with its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside trend line besides reaching oversold levels by the relative strength indicators, to indicate forming positive divergence, reinforcing the chances of the recovery on the near-term basis.

The AUDCAD continued to form bearish trading due to the stability below the resistance at 0.9250, which forces it to suffer some losses by reaching 0.9110, the fluctuation above the moving average 55 might force it to provide sideways trading, but the stability of stochastic within the oversold level will increase the negative pressure, keeping our bearish scenario, which might target 0.9065 level reaching 50%Fibonacci correction level at 0.9025.

The expected trading range for today is between 0.9065 and 0.9160

Trend forecast: Bearish

Natural gas price confirmed its surrender to the negative pressure by providing repeated closing below $4.200 level, suffering clear losses by approaching the initial negative target at $3.750 then rebounding to settle above the bullish channel’s support at $3.950.

We recommend waiting to confirm breaking the current break to confirm moving to the negative track, then attempts to target more negative stations by reaching $3.620 and $3.480, while its rally above $4.200 will cancel the negative overview, providing chance to begin forming bullish waves, to target $4.510 level initially.

The expected trading range for today is between $3.620 and $4.150

Trend forecast: Bearish by the stability of $4.200

The EURJPY pair repeatedly provided positive closes above 181.70 support level, forcing it to form weak sideways trading due to its neediness to the bullish momentum that comes from stochastic fluctuating near20 level.

The price needs a new bullish that allows it to form new bullish trading, attempting to reach 182.40 and surpassing this obstacle might extend the trading towards 183.20, while facing extra negative pressure and reaching below the current support will force it to suffer several losses by reaching 181.40 initially.

The expected trading range for today is between 181.70 and 182.40

Trend forecast: Bullish