The EURUSD price shows new positive trades now in attempt to resume the expected bullish trend for today, and we believe that the way is open to achieve our waited target at 1.1200$, waiting for more rise in the upcoming sessions unless breaking 1.1100$ and holding below it.
The expected trading range for today is between 1.1070$ support and 1.1200$ resistance.
Trend forecast: Bullish
The GBPCAD price succeeded to resume the bullish attack by rallying above 1.7825 barrier yesterday, achieving some gains by touching 1.7960 level as appears on the chart.
The major indicators keep providing the positive momentum to assist to reinforce the chances of resuming the bullish attack, to expect touching 1.7985 level followed by attempting to press on the bullish channel’s resistance line at 1.8020, which forms the key to detect the next main trend.
The expected trading range for today is between 1.7910 and 1.8020
Trend forecast: Bullish
Natural gas price took advantage of the recent stability above the MA55 to notice renewing the bullish attempts by rallying towards 2.430$ that forms intraday obstacle against the bullish attempts recently.
Now, stochastic attempt to provide the positive momentum will increase the chances of surpassing the current obstacle to open the way to record additional gains that might extend towards 2.550$ and 2.620$.
The expected trading range for today is between 2.320$ and 2.550$
Trend forecast: Bullish
The EURJPY pair failed to resume the negative attack, affected by 155.15 level forming solid obstacle against the negative attack, in addition to stochastic that exits the oversold areas, to provide mixed trades by settling near 156.40.
We remind you that the bearish scenario will remain valid as long as 158.00 level remains intact, to keep waiting to gather the negative momentum and ease the mission of renewing the negative attempts by targeting 155.60 level soon, followed by attempting to break the mentioned obstacle to open the way to reach the additional negative stations at 154.40 and 153.00.
The expected trading range for today is between 155.15 and 157.00
Trend forecast: Bearish