Natural gas price started this morning by forming positive gap to surpass the minor bearish channel’s resistance at 5.800, to record some gains by reaching the moving average 55 at 6.050.

On the other hand, 38.2% Fibonacci level continues to form additional resistance at 6.250, which makes the price unstable, to expect moving between this resistance and 5.800 support, to stay neutral until surpassing one of these levels to confirm the next expected trend.

The expected trading range for today is between 6.250 and 5.800

The expected trend for today: Neutral

The Indian index continued to form frequent positive trades to approach 18155 barrier, hinting its affection by the positive pressures that will increase the chances of resuming the bullish attack soon.

We will depend on 17400 level forming the additional support in addition to stochastic continuous positive momentum to ease the mission of breaching the mentioned barrier followed by waiting to resume the additional targets near 18450 and 18810.

The expected trading range for today is between 17760 and 18450

The expected trend for today: Bullish

The EURJPY pair rallied upwards after testing the additional support 145.65, to notice recording some gains by reaching 147.65, to achieve the suggested targets in our previous report.

Despite the stability within the bullish channel, we assure the importance of gathering the positive momentum to reinforce the chances of resuming the rise, which might target 148.40 followed by reaching the next main target at 149.35.

The expected trading range for today is between 146.40 and 148.40

The expected trend for today: Bullish

The GBPJPY pair succeeded to hold above the additional support 168.10 recently, to assist to reinforce the bullish track and notice resuming the rise today to record 172.10.

Stochastic continuous fluctuation within the overbought areas will increase the positive pressures, to ease the mission of reaching the target around 172.50, which surpassing it will open the way to record new gains in the medium term period.

The expected trading range for today is between 170.10 and 172.50

The expected trend for today: Bullish