The coffee price ended its last bullish rally by surpassing the barrier at 370.60, confirming its move to a new positive station by recording 390.30 level, which forces it to form some sideways trading due to stochastic exit from the overbought level as appears in the above image.

Therefore, we will keep waiting for the positive momentum, which allows it to settle above 370.00 level, then begin targeting extra positive stations by reaching 400.55 and 411.20.

The expected trading range for today is between 375.00 and 400.00

Trend forecast: Bullish

Natural gas price ended its bullish correctional rally by testing the neckline of the head and shoulders that is represented by $3.050 level, taking advantage of providing negative momentum by stochastic, reaching towards $2.950 level.

The main stability below the main resistance to $3.180 represents a main factor to confirm the bearish scenario, keeping our bearish expectation that might target $2.810 level reaching the barrier at $2.620.

The expected trading range for today is between $2.810 and $3.100

Trend forecast: Bearish

The EURJPY pair succeeded in taking advantage of the positive momentum that comes from stochastic approach from 80 level, forming several bullish waves and its stability near 172.75 confirming its readiness to resume the suggested bullish attack.

Forming a new extra support at 171.30 level makes us expect motivating the price to attack the barrier at 173.40, waiting for surpassing it to open the way for reaching new bullish stations that might begin at 174.20 reaching the next main target at 175.20.

The expected trading range for today is between 172.10 and 173.80

Trend forecast: Bullish

The GBPJPY pair began activating with the positive factors that is represented by the stability above the extra support at 197.85 besides the unionism of providing positive momentum by the main indicators, reaching 199.95.

Reminding you that breaching the barrier at 200.40 is important to reinforce the continuation of the positivity, then begin targeting extra stations that might begin at 201.55 reaching 161.8%Fibonacci extension level at 202.40.

The expected trading range for today is between 199.40 and 201.55

Trend forecast: Bullish