The EURUSD pair fluctuates around the EMA50 since morning, and didn’t show any strong move since morning, waiting to get negative motive that assist to push the price to resume the expected bearish trend for today, which targets 1.0765 initially, reminding you that breaking it will push the price towards 1.0645 direct.
Therefore, we will keep our bearish overview for today conditioned by the price stability below 1.0860 and 1.0890 levels.
The expected trading range for today is between 1.0730 support and 1.0900 resistance.
The expected trend for today: Bearish
The GBPCHF pair provided positive signal by fluctuating above 1.1170 barrier, attempting to confirm moving to the bullish track as expected previously, as the major indicators provide the positive momentum to increase the positive pressures on the price to manage to confirm the breach followed by starting to target many positive stations that start at 1.1210 followed by reaching 1.1295 in the medium-term period.
The expected trading range for today is between 1.1165 and 1.1210
The expected trend for today: Bullish
Natural gas price provided new positive close above 1.800 level, which forms the neckline of the double bottom pattern that appears on the chart, to increase the chances of resuming the bullish track in the near-term and medium term period.
Also, stochastic provides the positive momentum to increase the chances of surpassing 2.000 barrier, waiting to target 2.200 direct, followed by reaching 2.4200, to face the MA55.
The expected trading range for today is between 1.850 and 2.100
The expected trend for today: Bullish
The EURJPY pair still affected by stochastic negativity to force it to postpone the bullish rally and provide mixed trades within the bullish channel, to notice touching 161.68 level yesterday and rallying to settle near 162.50 again.
The price needs gathering new positive momentum to manage to activate the bullish track and assure the importance to surpass 163.25 barrier and open the way to record new gains that might extend towards 163.80 and 164.25.
The expected trading range for today is between 162.10 and 163.20
The expected trend for today: Bullish