The price of (EURUSD) surged high in its last intraday trading, taking advantage of leaning on a minor bullish trend line that supports its track on a short-term basis, returning above EMA50, regaining a key technical point that reinforced the stability of the bullish trend and provides the required momentum for facing any negative pressure.

Accompanied by the emergence of clear bullish signals from the relative strength indicators. This alignment between technical support levels and leading indicators enhances the chances of extending the gains achieved in the near term, reflecting a state of optimism regarding the pair’s ability to continue its recovery path.

The AUDCAD ended the bearish corrective attack by facing key historical technical support at 0.9095 level, which allowed it to form bullish waves, to settle near 0.9140.

Note that the stability of the moving average 55 near the current support and stochastic attempt to provide bullish momentum, these factors makes us prefer more of the bullish attempts to form an initial target at 0.9180 level, and surpassing it will lead the price to achieve extra gains by its rally towards 0.9210 reaching the resistance at 0.9255.

The expected trading range for today is between 0.9110 and 1.9180.

Trend forecast: Bullish

Natural gas price failed by breaking the bullish channel’s support, affected by the continuation of the main indicators’ contradiction until this moment, which forces it to provide new sideways trading by its stability near $4.060.

The price confinement between the main support at $3.900 while $4.200 level is expected by forming strong barrier against the current trading, therefore, we recommend the neutrality for today, waiting for surpassing one of the main levels, to detect the expected trend in the near and medium period trading.

The expected trading range for today is between $3.900 and $4.200.

Trend forecast: Neutral

The EURJPY pair succeeded in resuming its bullish attack by surpassing 184.10 barrier on Friday, to target new positive stations by hitting 184.75 level.

Forming mixed waves due to stochastic exit from the overbought levels, but it will not affect the bullish scenario, depending on forming extra support at 183.60 level, which makes us wait for gathering extra positive momentum to ease the mission of reaching the next target at 184.90 level reaching 185.40 level.

The expected trading range for today is between 184.00 and 184.90.

Trend forecast: Bullish