The EURUSD pair shows weak trades now, affected by stochastic negativity to fluctuate with slight negativity, and as long as the price is above 1.0860, the bullish trend scenario will remain valid and active for today, which targets testing 1.0960 as a first station, reminding you that breaching this level will extend the bullish wave to reach 1.1080 as a next main target, while breaking 1.0860 will push the price to turn to decline. 

The expected trading range for today is between 1.0860 support and 1.1010 resistance.

The expected trend for today: Bullish

The NZDCAD pair confirmed its affection by the domination of the bullish bias by providing new closings above 0.8175 recently, achieving some gains by moving towards 0.8260, expecting to get the positive momentum by the major indicators and continuous rising in order to reach the next positive station at 0.8340, followed by reaching 38.2% Fibonacci correction level at 0.8485.

On the other hand, crawling below 0.8175 will force it to activate the correctional bearish track, to suffer some losses by crawling towards 0.8115 and 0.8080 before achieving any new positive target.

The expected trading range for today is between 0.8210 and 0.8340

The expected trend for today: Bullish

Natural gas price confirmed surrendering to the negative pressures by crawling below 3.100 level, on last Friday, to form the head and shoulders’ pattern as appears on the chart and settles near 3.950.

The continuous negative momentum coming by the major indicators will increase the efficiency of the bearish track, to expect targeting 2.750 support line, while breaking it might extend losses towards 2.550 on the medium-term basis.

The expected trading range for today is between 3.050 and 2.750

The expected trend for today: Bearish

The EURJPY pair formed correctional bearish rebound recently by crawling below 163.25 level, to touch the additional support at 162.10 and hold above it as appears on the chart.

Stochastic attempt to provide the positive momentum will confirm keeping the main bullish track caused by the main stability within the bullish channel, to expect renewing the pressure on 163.50, while surpassing it will push the price to form strong bullish waves to target 163.90 followed by reaching the bullish channel’s resistance at 164.65.

The expected trading range for today is between 162.30 and 163.50

The expected trend for today: Bullish