The EURUSD pair declined in its last intraday trading, due to the stability of the key resistance level at 1.1430, accompanied by reaching EMA50’s resistance, intensifying the negative pressure on the price, which forced it to rebound lower to erase all its early gains for today, especially with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, opening the way for recording losses in the near upcoming period.

The CADCHF formed several bullish waves, attempting to exit the main bearish channel by surpassing 0.5752 level, to face a strong barrier at 05785.

Note that stochastic attempt to reach the overbought level might increase the positive pressures on the current trading, where breaching the current barrier and holding above it is important to open the way for reaching extra positive station, which might begin at 0.5845 and 0.5890.

The expected trading range for today is between 0.5755 and 0.5840

Trend forecast: Bullish

Natural gas price kept providing weak sideways trading, fluctuating near $2.950 level, without recording an new negative target, reminding you that the stability below $3.350 by forming extra barrier at $2.200 level makes us keep the bearish scenario, which might target $2.260 support, to monitor its behavior to confirm the suggested targets in the upcoming trading.

The expected trading range for today is between $2.820 and $3.200

Trend forecast: Bearish

The EURJPY pair kept forming bullish waves in the last period, benefiting from forming new bullish channel, approaching from the initial main target at 186.60, depending on forming extra support at 185.45 level, note that the continuation of providing extra support at 185.45 level will increase the strength of the bullish trend, to expect targeting extra positive stations that might begin at 186.95 reaching the bullish channel’s resistance at 187.40.

The risk of changing the trend and begin forming strong bearish waves by the attempt of breaking the bullish channel’s support at 185.10.

The expected trading range for today is between 185.90 and 186.95

Trend forecast: Bullish