The CADJPY repeated its fluctuation within the ascending triangle pattern, affected by the contradiction between the main indicators, especially by stochastic decline to 50 level, which forces it to settle near106.80.

Reminding you that the stability above the ascending triangle’s support at 106.05 forms a main factor to confirm the bullish attempts, to keep waiting for breaching the resistance at 107.25  then begin targeting the main stations by its rally to 108.00 reaching 108.65 in the near term period.

The expected trading range for today is between 106.35 and 107.45

Trend forecast: Bullish

Natural gas price took advantage of the positive momentum that comes from stochastic rally above EMA50 in yesterday’s trading, delaying the negative attack by its stability above $3.050, achieving some gains by its stability near $3.150.

The current rise didn’t affect the main bearish scenario, due to its stability below the main resistance at $2.265, to expect forming sideways trading, then begin forming bearish waves, to press on $2.820 level again, while its success in surpassing the resistance and holding above it will turn the bullish track again, providing strong chance for recording several gains by its rally to $3.450 initially.

The expected trading range for today is between $2.820 and $3.220

Trend forecast: Bearish

The EURJPY pair kept the positive stability above the extra support at 173.40, activating the bullish attack and its stability near 174.55, confirming its readiness to resume the previously suggested bullish attack.

The unionism of providing positive momentum by the main indicators will increase the chances of reaching extra initial target at 175.20 and surpassing it will move the price to a new positive station by reaching 175.70 and 177.00.

The expected trading range for today is between 173.90 and 175.20

Trend forecast: Bullish

The GBPJPY pair resisted the negative pressure in its last trading due to stochastic reach to 20 level, to notice its stability near 199.75 level, keeping its stability above extra support at 198.80.

The attempts of the main indicators to provide positive momentum will increase the chances for activating the bullish trend, waiting for surpassing the barrier at 200.45, to begin targeting positive stations by targeting 201.55 level reaching 161.8%Fibonacci extension level near 202.40.

The expected trading range for today is between 199.20 and 201.55

Trend forecast: Bullish