The EURUSD price shows additional positive trades to reach the neckline of the double bottom pattern at 1.0530$, waiting to breach this level to activate the positive effect of the mentioned pattern to achieve more rise in the upcoming sessions.

The GBPCAD price reacted to the positive factors represented by leaning within the bullish channel in addition to the continuous positive momentum coming by the major indicators, to notice forming new bullish rally recently and surpass 1.8235 recorded high to start recording new gains by reaching 1.8445.

Note that stochastic continuous fluctuation within the overbought areas might increase the chances of gaining the required additional positive momentum to target more positive stations, to expect targeting 1.8470 as a first additional station, followed by reaching the bullish channel’s resistance line at 1.8600.

The expected trading range for today is between 1.8340 and 1.8470

Trend forecast: Bullish

Natural gas price succeeded to get rid of the negative pressures by facing key support at 3.750$, forming strong bullish wave to settle within the bullish channel again and record clear gains by settling at 4.120$.

Now, the major indicators provide the positive momentum to reinforce the efficiency of the bullish track, to push the price to target 4.280$ followed by attempting to press on the recently recorded high at 4.500$ in order to find a way to resume the rise in the upcoming period.

The expected trading range for today is between 3.980$ and 4.280$

Trend forecast: Bullish

The EURJPY pair touched the first negative target at 155.90 yesterday, to form solid obstacle against the negative attack and notice the attempt to activate the correctional bullish attempts by touching 158.45 level followed by bouncing below 157.30 barrier.

Note that stochastic attempt to provide the positive momentum by surpassing 50 level and the frequent stability above the mentioned support line support the attempt to activate the bullish track again, to expect attacking 157.30 barrier, while confirming breaching it might extend trades towards 157.85 direct, followed by reaching the next target at 158.90.

The expected trading range for today is between 155.90 and 157.35

Trend forecast: Bullish