The CADJPY succeeded in activating the previously suggested bullish trend by surpassing the barrier at 111.45, recording clear gains by reaching 112.40, to record the previously suggested initial target.

Forming extra support at 111.85 level and providing bullish momentum by stochastic approach from 80 level, these factors support the continuation of the positivity, targeting 112.85 level to attempt to press on the barrier at 113.35

The expected trading range for today is between 111.90 and 112.85

Trend forecast: Bullish

Natural gas price reached $5.510 level in Friday’s trading, to record the previously suggested initial main target, which forces it to form quick rebound towards $5.150, affected by stochastic attempt to exit the overbought level.

This will not threaten the main bullish scenario due to the stability within the bullish channel, besides the continuation of forming extra support at $4.750 level against the current trading, therefore, we will keep waiting for gathering extra bullish momentum, to ease the mission of its stability above $5.450 level, then wait for recording the next main target near $5.710.

The expected trading range for today is between $5.000 and $5.450

Trend forecast: Bullish

The EURJPY pair remains affected by the dominance of the sideways bias, due to the contradiction between the main indicators, keeping their stability within the sideways track that is represented by 179.40 support, while 181.75 keeps forming strong barrier against bullish attempts.

The main stability within the bullish channel’s levels makes us wait to gather bullish momentum, motivating the bullish attempts by its rally towards 181.35, to attempt to breach the barrier to begin recording new gains by reaching 182.35 and 183.10.

The expected trading range for today is between 180.20 and 181.70

Trend forecast: Fluctuating

The GBPJPY pair renewed the bullish attempts by attacking the barrier near 206.90 to find an exit to confirm the continuation of the positivity in the near and medium period that depends on the stability within the bullish channel’s levels, besides forming extra support at 206.30 level against the current trading.

Therefore, we recommend waiting to confirm the required breach to confirm its readiness to confirm its readiness to record new gains by its rally towards 207.65 initially, then attempting to reach 2.386% Fibonacci extension level at 208.20.

The expected trading range for today is between 206.45 and 208.20

Trend forecast: Bullish