The EURUSD price faces negative pressure to break 1.0540$ and hint cancelling the positive formation mentioned in our recent reports and head to return to the main bearish track again, making the bearish bias suggested for the rest of the day, noting that the first station is located at 1.0475$, which breaking it represents the key to rally towards 1.0400$ as a next negative target.
Holding below 1.0563$ keeps the bearish wave valid, as breaching it will push the price to recover again and head to test 1.0635$ initially.
The expected trading range for today is between 1.0460$ support and 1.0600$ resistance
Trend forecast: Bearish
The EURCHF price kept its negative stability below the main bearish channel’s resistance at 0.9305, to notice the beginning of forming negative waves and settle near 0.9265.
Also, stochastic crawl below 50 level will increase the chances of gathering the additional negative momentum to ease the mission of reaching the additional negative stations at 0.9210 and 0.9165.
The expected trading range for today is between 0.9210 and 0.9275
Trend forecast: Bearish
Natural gas price still affected by 3.350$ level that forms additional barrier against the bullish attempts, to form temporary negative rebound towards 3.180$, attempting to gather more positive momentum to reinforce the chances of forming strong bullish waves in the near-term period.
The bullish overview depends on the continuous stability above the major support 2.850$, also, 3.050$ level forms new support base that allows us to keep the bullish overview, noting that succeeding to breach the current barrier will allow it to reach 3.440$ first, followed by repeating the pressure on the major barrier 3.570$.
The expected trading range for today is between 3.100$ and 3.350$
Trend forecast: Bullish
The EURJPY pair returned to form new bullish waves to surpass 159.05 resistance line and notice achieving some gains by rallying towards 160.00.
Now, 159.00 forming additional support and stochastic attempt to provide the positive momentum allow us to expect targeting additional positive stations that might extend towards 160.60 and 161.10 levels soon.
The expected trading range for today is between 159.10 and 160.60
Trend forecast: Bullish