The EURUSD pair hovers around 1.1780, and the EMA50 continues to press negatively on the price, to keep our bearish overview that depends on the price stability below 1.1805, reminding you that our next main target reaches 1.1700.
The expected trading range for today is between 1.1690 support and 1.1840 resistance.
The expected trend for today: Bearish
Natural gas price took advantage of the positive factors represented by moving within the bullish channel in addition to the additional support formed at 3.588 to notice resuming the bullish attack and record 3.930.
Stochastic reach to the overbought areas allows us to suggest more positive trades that might target 4.070 followed by reaching the bullish channel’s resistance at 4.275.
The expected trading range for today is between 3.760 and 4.070
The expected trend for today: Bullish
The Australian index wasn’t affect by the negative pressures, to keep its stability above the main bullish channel’s support line at 7200.00, also, the stability of the moving average 55 below the main support confirms blocking the price within the bullish track, to expect targeting 7418.00 level soon, while surpassing this obstacle will push the price to record new historical targets that might start at 7515.00.
The expected trading range for today is between 7265.00 and 7415.00
The expected trend for today: Bullish
The EURJPY pair faced strong additional support at 128.70, to form positive rebound towards 129.40 and postpone the main expected bearish attack.
Note that the moving average 55 consolidation below the additional resistance 130.75 allows us to wait to gather the negative momentum again, to manage to break the current support and resume recording the negative targets at 128.35 and 127.50.
The expected trading range for today is between 129.60 and 128.35
The expected trend for today: Bearish