The EURUSD pair rose during its recent intraday trading, due to the stability of the key support level at 1.1590, gaining some bullish momentum that helped it recover some previous losses, attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from them, amid the dominance of the bearish corrective trend on short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, keeping the negative overview unless it witness clear reversal signals in the upcoming near period.

The AUDCAD remains stable until this moment below the resistance level at 0.9960, to increase the chances of activating the bearish corrective trend, reaching towards 0.9840.

The attempt of Stochastic to exit the overbought level will increase the negative pressure in the current period, to keep preferring the corrective attempts, which might target 0.9760 level reaching the next support at 0.9675 level.

The expected trading range for today is between 0.9760 and 0.9900

Trend forecast: Bearish

Natural gas price returned to provide weak sideways trading by its fluctuating near $3.080 level, affected by the stability of the barrier at $3.150, which obstructs the chances of resuming the previously suggested bullish trend.

We will depend on the attempt of forming extra support at $2.9000 level, note that stochastic reach to the overbought level makes us wait for breaching the current barrier, to open the way for recording extra gains that might begin from $3.350 reaching $3.520 level.

The expected trading range for today is between $2.900 and $3.350

Trend forecast: Sideways 

The EURJPY pair ended the intraday bullish rally by providing negative close below 185.80, to begin forming bearish waves to reach 184.80 level.

The price needs an extra negative momentum, which will allow it to resume the corrective attempts, to reach 184.30 barrier, and surpassing it will extend the trading towards the main stations near 183.80 and 183.50.

The expected trading range for today is between 184.30 and 185.50

Trend forecast: Bearish