The EURUSD pair didn’t show any strong move since morning, to remain confined between the trend keys represented by 1.0765 support and the resistance lines between 1.0860 – 1.0890, which makes us continue with our neutrality until now, as the contradiction between the technical indicators still valid.
To review the details of the expected targets after beaching the mentioned levels, please check our morning report.
The expected trading range for today is between 1.0760 support and 1.0940 resistance.
The expected trend for today: Depends on the above-mentioned levels
The CADJPY pair provided more positive closings above the bullish channel’s support line at 111.25, confirming its surrender to the domination of the previously suggested bullish bias to notice its fluctuation within sideways range near 111.50 due to the lack of the positive momentum, caused by stochastic exit from the overbought areas.
We expect more sideways fluctuation until gathering the positive momentum to manage to activate the bullish attack to target 112.00 level initially followed by attempting to press on 112.25 obstacle in order to find a way to reach new positive stations in the upcoming period.
The expected trading range for today is between 111.35 and 112.00
The expected trend for today: Bullish
Natural gas price confirmed keeping the bullish attempts by settling above 1.560 support line recently, to notice reacting to stochastic positivity and rallying towards 1.760.
Facing continuous positive pressures will reinforce our bullish overview, reminding you that the first main target is located at 2.000, while surpassing this obstacle will open the way to resume the bullish attack in the medium term period, to form 2.200 the next station for the bullish attempts.
The expected trading range for today is between 1.640 and 1.950
The expected trend for today: Bullish
The EURJPY pair provided positive signal by rallying above 163.20 barrier yesterday, recording some additional gains by reaching 163.71 followed by forming sideways fluctuation by crawling towards the breached barrier.
The current positivity is caused by the lack of the positive momentum caused by stochastic exit from the overbought areas, which allows us to expect being unstable until gathering the additional positive momentum to manage to continue the rise and resume recording the gains near 164.25 and 164.85.
The expected trading range for today is between 162.80 and 163.70
The expected trend for today: Bullish