The NZDCAD price forms bearish correctional waves but its main stability within the bullish channel’s levels, besides the continuation of forming extra support at 0.8220 level, these factors support the continuation of the positivity in the upcoming trading.

Gathering the required momentum is important to assist activating the bullish attack, which targets 0.8295 level reaching the near period of the resistance at 0.8365, while the trading below the extra support will confirm delaying the bullish attack and forming several bearish correctional waves, to attempt to test the moving average 55 near 0.8180.

The expected trading range for today is between 0.8220 and 0.8295

Trend forecast: Bullish

No new for Natural gas price by its repeated fluctuations since yesterday’s trading near $3.150 level, note that the repeated stability above the support level at $2.960 represents a main factor to motivate the bullish scenario, to keep waiting for recording several gains by its rally towards $3.360 and $3.580.

Note that the price decline below the current support and providing negative close, will confirm its surrender to the bearish track, which forces it to suffer new losses by reaching $2.750.

The expected trading range for today is between $3.050 and $3.360

Trend forecast: Bullish

The EURJPY pair provided several slow sideways range trading, due to its neediness to the negative momentum, but its main stability below the bearish channel’s resistance at 163.00 makes us keep the negative suggestion in the near and medium period trading.

Stochastic exit from the overbought level will increase the chances for gaining negative momentum, to reinforce the chances of targeting negative stations, which might begin at 161.30 and 160.30, while moving to the bullish track requires forming a strong bullish attack, to provide several positive closes above 163.25 level, then begin recording several gains by its rally to 164.20.

The expected trading range for today is between 160.35 and 162.65

Trend forecast: Bearish

The GBPJPY pair neediness to the negative momentum in the last report, to notice the attempt of providing new pressures on the resistance at 190.10, then repeat forming bearish waves to settle near 189.50.

Until now, the price remains within the negative track by the repeated stability below the resistance, to keep waiting for gathering the required negative momentum, to begin targeting negative stations that begin at 188.80 and 188.00 level.

The expected trading range for today is between 188.00 and 190.00

Trend forecast: Bearish