The price of (EURUSD) rose in its last intraday trading, amid its attempts to breach the key resistance at 1.1630, accompanied with its attempts to surpass he negative pressure of the EMA50, increasing the importance of this level, taking advantage of the dominance of the bullish corrective trend on the short-term basis and its trading alongside trendline, with the emergence of the positive signals on the relative strength indicators.
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The EURGBP confirmed the continuation of the bullish scenario, to rally above 0.8685 level that forms an extra support, achieving some gains by reaching the initial barrier near 0.8715.
Providing bullish momentum by the main indicators makes us expect renewing the positive pressures on 0.8715 level by finding an exit for resuming the bullish attempts and achieving extra gains by its rally towards 0.8760 and 0.8785.
The expected trading range for today is between 0.8710 and 0.8760
Trend forecast: Bullish
Despite the Natural gas price neediness of the bullish momentum by stochastic exit from the overbought level, its bullish stability above the initial support level at $3.830 confirms the stability of the bullish scenario, to fluctuate near $4.050 to find a chance for gaining bullish momentum.
Reminding you that the stability of the initial extra target near $4.215 level, and surpassing it will make the price reach towards $4.320, to form the main target in the current period trading.
The expected trading range for today is between $4.050 and $4.215
Trend forecast: Bullish
The EURJPY pair kept forming bullish moves since the last period trading, recording 178.15 to approach from 178.60.
Forming extra support by 177.05 level and the continuation of providing bullish momentum by the main indicators will increase the chances of surpassing the previously mentioned top, to expect targeting new bullish stations by its rally towards 179.40 reaching the psychological barrier at 180.00.
The expected trading range for today is between 179.40 and 177.75
Trend forecast: Bullish