The EURUSD price settles below 1.0455$ level, and didn’t show any strong move since morning, thus, no change to the expected bearish trend scenario for today, which depends on the price stability below the mentioned level, reminding you that our main waited target is located at 1.0325$.

The expected trading range for today is between 1.0350$ support and 1.0500$ resistance

Trend forecast: Bearish

The GBPCAD price succeeded to confirm the continuation of the positivity by consolidating within the bullish channel, to notice breaching 1.7810$ barrier and achieving many gains by rallying towards 1.7990.

The current negative rebound towards 1.7920 hints the attempt to gather the required additional positive momentum to resume the bullish attack, also, 1.7880 level attempt to form the additional support will reinforce the chances of forming bullish waves to target 1.8030 and 1.8080 levels.

The expected trading range for today is between 1.7880 and 1.8030

Trend forecast: Bullish

Natural gas price resumed its negative attack yesterday to reach the additional target at 3.180$, to form key support against it and start providing sideways trades by fluctuating near 3.265$ now.

We notice stochastic attempt to exit the oversold areas to provide the chance to decrease the losses and form some bullish waves, to expect rallying upwards towards 4.440$ and 4.530$ levels, while breaking the current support and settling below it will confirm its preparation to resume the negative attack to suffer new losses by moving towards 3.050$ level first.

The expected trading range for today is between 3.180$ and 3.440$

Trend forecast: Bullish

The lack of the positive momentum led the EURJPY pair to provide mixed trades, to move within tight track represented by 163.25 resistance and 161.60 support.

Also, the recent contradiction between the major indicators reinforces the domination of the sideways bias, to stay neutral until surpassing one of the major levels, noting that succeeding to breach the resistance will confirm moving to the bullish track to start achieving many gains that start at 164.00, while breaking the support and holding below it will force the price to suffer many losses by moving towards 161.00 first.

The expected trading range for today is between 161.65 and 163.25

Trend forecast: Neutral