The EURUSD price fluctuates around 1.0265$ level, noticing that stochastic reaches the overbought areas, waiting to motivate the price to decline again, to keep the bearish trend suggested for today unless breaching 1.0325$ and holding above it, noting that our targets begin by breaking 1.0220$ to open the way to head towards 1.0100$ as a next negative station.

The expected trading range for today is between 1.0165$ support and 1.0320$ resistance

Trend forecast: Bearish

The GBPCAD price surrendered to strong negative pressures recently to push it to settle below the bullish channel’s support line at 1.7605, suffering some losses by settling near 1.7545.

Forming new resistance at the broken support and the major indicators’ attempt to provide the additional negative momentum support the continuation of the negativity, to expect targeting 1.7470 and 1.7400 levels soon.

The expected trading range for today is between 1.7470 and 1.7580

Trend forecast: Bearish

Natural gas price lost the positive momentum yesterday to force it to fluctuate below the bullish channel’s resistance line at 4.300$, forming some negative correction by settling near 4.000$.

We expect to witness more mixed trades now until gathering new positive momentum to manage to hold above the additional support near 3.750$ followed by starting to form bullish waves to repeat the pressure on the resistance in order to find a way to resume the rise in the upcoming period.

The expected trading range for today is between 3.850$ and 4.200$

Trend forecast: Bullish

The EURJPY pair formed new negative attack yesterday, to touch the first target by reaching 160.05 followed by forming correctional bullish rebound to settle near 161.60 as appears on the chart.

We notice the MA55 continuous fluctuation below the broken bullish channel’s support line to form new resistance near 162.90 and allow us to keep the negative overview to wait to attack 160.15 level soon, while surpassing it will extend losses towards 159.45.

The expected trading range for today is between 160.15 and 161.85

Trend forecast: Bearish