The price of (EURUSD) settled with a rise in its recent intraday levels, after it attempted to recover some of its previous losses in its early trading and attempted to offload some of its clear oversold levels on the (RSI), especially with the beginning of positive overlapping signals emergence.

This comes from the price affection caused by the exit from the minor bullish channel’s range that limited its previous trading on a short-term basis, affected by the negative double top pattern, besides its trading below EMA50.

Despite the EURNZD price stability within the bullish channel’s levels, facing difficulties in resuming the bullish attack, as it reached strong liquidity draw zones that are represented by 1.9225 level, which forces it to form an intraday negative rebound at 1.9015.

Despite forming some bullish waves this morning and reaching 1.9140 level, but its stability below 1.9225 confirms delaying the bullish attack, to expect its surrender to stochastic negativity and reaching 1.9020 followed by 1.8960, to form the waited correctional target in the near period trading.

The expected trading range for today is between 1.9020 and 1.9185

Trend forecast: Bearish

Natural gas price succeeded to confirm the continuation of the positivity by surpassing the resistance at $3.900 yesterday, to form a strong rally approaching the initial extra target at $4.050.

The unionism of the main indicators in providing positive momentum makes us prefer more bullish attempts, which might target $4.150 and $4.220 level.

The expected trading range for today is between $3.900 and $4.150

Trend forecast: Bullish

The EURJPY pair continued forming bearish correctional trading, to keep gathering the gains of the last bullish attack, hitting the 166.00 level, which represents the extra support level for the current trading.

Stochastic exit from the overbought level might force the price to renew the pressure on the current support, where breaking it will confirm its readiness to resume the attempts of gathering the gains by reaching 165.45 and 165.00, while activating the bullish track requires forming a strong bullish rally to settle above 167.35 level, then targeting new positive stations that begin at 168.00 and 168.90.

The expected trading range for today is between 165.45 and 166.85

Trend forecast: Fluctuated within the bullish track