The EURUSD price show clear rise now to breach the first resistance 1.0325$ and begins to test the second key resistance 1.0370$, which urges caution from the upcoming trading, as continuing the rise and breaching the last level will lead the price to achieve more gains and target 1.0460$ areas initially.
Until now, the bearish trend scenario still active as long as 1.0370$ level remains intact, reminding you that the main waited target reaches 1.0170$.
The expected trading range for today is between 1.0240$ support and 1.0380$ resistance
Trend forecast: Bearish
Coffee price formed some correctional negative trades recently to target 312.40 support line and hold above it, to notice recording some intraday gains by targeting 329.10 level.
We assure the importance of gathering the additional positive momentum to agree the positive stability above the mentioned support line to manage to form new bullish waves and target 335.00 followed by reaching the recently recorded high at 347.85.
The expected trading range for today is between 314.00 and 335.00
Trend forecast: Bullish
Natural gas price formed more negative waves on last Friday to close the gap by touching 3.350$ level followed by forming quick positive rebound towards 3.570$.
Now, stochastic attempt to exit the oversold areas might increase the chances of breaching 3.570$ obstacle to reinforce the chances of achieving some gains by targeting 3.670$ followed by 3.750$ levels.
The expected trading range for today is between 3.510$ and 3.750$
Trend forecast: Bullish
The EURJPY pair lost the negative momentum recently after recording 160.90 level, to form correctional bullish rebound by rallying towards the MA55 at 162.60, hinting postponing the negative attack for the current trades.
Also, stochastic begins to provide the positive momentum, which might assist to reinforce the chances of recording additional gains by attacking 163.30 barrier soon, which surpassing it will allow the price to settle within the minor bullish channel again to confirm its preparation to achieve additional gains in the upcoming period.
The expected trading range for today is between 161.70 and 163.30
Trend forecast: Bullish