The EURNZD is experiencing new negative pressure, which forces it to reach below the moving average 55 at 2.0070, to confirm the surrender of the bearish scenario to settle near 1.9955.

The stability of stochastic within the oversold levels will increase negative pressures on today’s trading, which makes us prefer more negative attempts, which might target 1.9875 level reaching extra support at 1.9770.

The expected trading range for today is between 2.0025 and 1.9875

Trend forecast: Bearish

Natural gas price activated with the US data positively, to rally above the broken bullish channel’s support initially at $4.050 level, to settle above it and to open the way for today’s trading with strong positivity by its rally directly to $5.490.

The price might form corrective trading to attempt to gather some gains, but its stability above $4.750 level supports the continuation of the positivity, to expect resuming the bullish attack to reach $5.770, then press on the bullish channel’s resistance at $5.960.

The expected trading range for today is between $5.100 and $5.770

Trend forecast: Bullish

The EURJPY pair benefited from the positive stability above 184.75 support, providing new chances to form strong bullish waves, attacking the top at 185.50 level to find an exit for resuming the bullish trend in the near and medium period trading.

Providing bullish momentum by the main indicators supports our bullish expectation, to keep waiting for achieving the required breach to confirm targeting the resistance at 185.95 and surpassing it will make it record extra gains by its rally towards %161.8 Fibonacci extension level near 186.50.

The expected trading range for today is between 185.20 and 185.95

Trend forecast: Bullish

The GBPJPY pair succeeded in confirming the bullish scenario by its stability above the bullish channel’s support at 212.45 level, forming strong bullish wave to settle near 213.15.

Providing bullish momentum by the main indicators will reinforce the chances of surpassing the initial target to 213.45, to expect strong bullish trading, reaching 214.10 followed by the next main target at 214.90.

The expected trading range for today is between 212.70 and 214.10

Trend forecast: Bullish