The EURUSD pair faces solid resistance at 1.1670, to rebound bearishly again and head towards potential test to 1.1615 level, affected by stochastic negativity, and as long as the price is above the last level, our bullish overview will remain valid for today supported by the EMA50, reminding you that our next main target extends to 1.1760.
The expected trading range for today is between 1.1600 support and 1.1750 resistance.
The expected trend for today: Bullish
Natural gas price took advantage of the support line stability at 4.880 to notice the beginning of forming bullish waves, to achieve the previously suggested target at 5.140, while stochastic attempt to crawl towards the overbought areas will increase the chances of gathering the positive momentum, to manage to resume the bullish attempts until reaching 5.385, to press on the moving average 55.
The expected trading range for today is between 4.950 and 5.385
The expected trend for today: Bullish
No change to the CADJPY pair’s bullish track, as it remains stable within the bullish channel, to move away from the main support at 91.20, thus, we will keep waiting to gather the positive momentum to ease the mission of reaching the first additional target at 93.75, while surpassing this barrier might extend trades towards 94.25 direct.
The expected trading range for today is between 92.00 and 93.30
The expected trend for today: Bullish
Nikkei index confirmed postponing the bullish attack due to its frequent fluctuation below the additional barrier near 30690.00, to force it to form new sideways fluctuation and settle near 28800.00.
Despite the price consolidation within the bullish channel, the stability of the mentioned barrier and stochastic attempt to provide the negative momentum support the correctional bearish overview for the upcoming period, to expect targeting 28050.00 followed by reaching 26200.00 soon.
The expected trading range for today is between 29800.00 and 28050.00
The expected trend for today: Bearish