Coffee price surrendered to the negative pressures, forcing it to suffer several losses towards 339.20, facing a strong support base as appears in the above image.
The price stability above this support and stochastic attempt to exit the oversold level might provide a chance to recover several losses by its rally towards 359.80, then wait for facing the moving average 55 near 368.50.
The expected trading range for today is between 338.00 and 359.80
Trend forecast: Bullish
Natural gas price formed some bullish waves, to end providing a new bearish closing below $4.200 barrier, attacking the support level near $3.900.
Note that breaking this support is important to open the way for resuming the bearish attempts that may target $3.730 level reaching the next target at $3.520.
The expected trading range for today is between $3.730 and $4.100
Trend forecast: Bearish
The EURJPY pair approached the initial corrective target in yesterday's trading at 183.30 level, repeating the fluctuation near it, to confirm its surrender to the bearish corrective bias by its stability below 184.40 barrier.
Stochastic attempts to provide negative momentum by its approach from 20 level might force it to resume the negative attempts to reach 183.05 followed by the key support at 182.80.
The expected trading range for today is between 183.05 and 184.00
Trend forecast: Bearish
The GBPJPY pair provided a new bearish close below 211.30 level, to confirm its surrender to the bearish corrective bias to target 210.30 level to settle near it.
Stochastic attempt to exit the overbought level might increase the negative pressures on the trading today, to keep preferring the corrective trend, which might target 209.75 and 209.30 level before any attempt to renew the bullish attack.
The expected trading range for today is between 209.75 and 211.20
Trend forecast: Bearish