The EURUSD price rallied upwards clearly to surpass 1.0900$ barrier and settle above it, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, and the way is open to achieve our waited target at 1.0975$.

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The NZDCAD price reacted to stochastic positivity recently, forming correctional bullish rebound to test 0.8260 resistance line and settle below it by crawling towards 0.8215, confirming keeping the bearish previously suggested bearish scenario.

We expect to witness some sideways trades due to the MA55 that forms temporary support line by settling near 0.8180, to keep waiting to gather the negative momentum and ease the mission of breaking this obstacle to start targeting the negative stations near 0.8135 and 0.8080.

The expected trading range for today is between 0.8240 and 0.8135

Trend forecast: Bearish

Natural gas price formed temporary correctional bearish wave by crawling towards 4.450$, affected by stochastic stability below 80 level, while that won’t affect the previously suggested bullish scenario due to the main stability within the bullish channel.

Also, 4.180 level forming additional support line confirms keeping the bullish attempts, to keep waiting to gather the positive momentum soon to assist to resume achieving gains, to expect moving towards 4.630$ and 4.670$ levels.

The expected trading range for today is between 4.350$ and 4.630$

Trend forecast: Bullish

The EURJPY pair succeeded to provide new closings below 158.85 support line, to decrease the effect of the negative pressures caused by the positive momentum provided by the major indicators, to notice the attempt to form bullish wave by settling near 159.70.

We assure the importance of gathering the positive momentum to reinforce the chances of activating the bullish track by surpassing 160.00 level followed by starting to target the positive stations near 160.80 and 161.65.

The expected trading range for today is between 159.00 and 160.80

Trend forecast: Bullish