The EURUSD pair still stuck between the trend keys represented by 1.0960 support and 1.0995 resistance, which keeps our neutrality valid until now, as the price needs to surpass one of these levels to detect its next destination clearly.
The contradiction between the technical indicators provides another reason for neutrality, while the details of the expected targets after the breach are explained in our morning report for the EURUSD pair.
The expected trading range for today is between 1.0890 support and 1.1060 resistance.
The expected trend for today: Neutral
The CHFJPY pair provided many positive closings above the bullish channel’s support lie at 169.10 recently, to confirm regaining the bullish bias and notice starting to record some gains by rallying towards 171.33.
Also, stochastic consolidation near 80 level reinforces our bullish overview for the upcoming trading, to ease the mission of gathering the additional positive momentum followed by attempting to reach the additional stations at 171.85 and 172.45.
The expected trading range for today is between 170.65 and 171.85
The expected trend for today: Bullish
Natural gas price postponed the bullish rally and formed sideways trades near 3.080, affected by the stability of 3.400 barrier, also, stochastic exit from the overbought areas confirms surrendering to the domination of the sideways bias, noting that it is important to hold above the EMA50 that forms new support at 2.850.
Note that succeeding to surpass the mentioned barrier and closing above it will reinforce the domination of the bullish bias for the upcoming trades, to expect targeting new stations that might start at 3.620 and 3.950.
The expected trading range for today is between 2.900 and 3.400
The expected trend for today: Bullish
The EURJPY pair succeeded to surpass 158.90 level and hold above it, to settle within the bullish channel again and notice the beginning of recording big gains by touching 159.95 level, waiting for more rise due to the positive momentum coming by the major indicators, as stochastic attempts to settle within the overbought areas.
These factors allow us to wait to provide strong pressures on 160.40 level to form the next station of the near-term trades, while surpassing this obstacle will push the price to 161.15 as a next main target for the bullish trades.
The expected trading range for today is between 159.20 and 160.40
The expected trend for today: Bullish