The CADJPY kept its stability above the moving average of 55 in its last mixed trading, forming extra support at 113.40, which provides chances for gathering bullish momentum and begins forming bullish waves, to notice its rally towards 113.80.

Surpassing the obstacle at 113.95 is important and holding above it, to reinforce the efficiency of the bullish trend, providing a chance for recording more gains by its rally towards 114.15 and 114.40.

The expected trading range for today is between 113.55 and 114.15

Trend forecast: Bullish

Natural gas price surrendered to negative pressures due to the stability of stochastic within the oversold level, reaching the initial main target at 3.165, to form sideways trading by its fluctuating near $3.245.

We expect reaching $2.840 to face %66.8 Fibonacci corrective level, and its stability might provide a chance for stopping the bearish moves and begin forming bullish base to reinforce the chances for building a new bullish trend in the near and medium period, while the decline below $2.840 and providing a negative close will force it to suffer extra losses by reaching $2.650 and $2.355.

The expected trading range for today is between $2.850 and $3.350

Trend forecast: Bearish

The EURJPY pair confirmed the continuation of the bullish scenario by achieving clear breach to 183.50 level, to form strong bullish rally and recording initial target by reaching 184.30 level.

Providing bullish momentum by the main indicators makes us expect forming bullish waves to attempt to reach 184.85, and surpassing this barrier will form next main target at 185.40 level in the current period trading.

The expected trading range for today is between 183.80 and 184.85

Trend forecast: Bullish

The GBPJPY pair faced temporary negative pressure in Friday, to keep its stability above the minor bullish channel’s support at 21.75 level, forming new bullish waves, to settle above 211.30 barrier, to record new gains by reaching 212.30.

We notice stochastic attempt to provide bullish momentum, to increase the efficiency of the bullish scenario makes us prefer targeting extra stations that might begin at 212.70 and 213.40.

The expected trading range for today is between 211.50 and 212.70

Trend forecast: Bullish