The CADJPY pair repeated the positive trades by settling above 50% correction level at 97.55, to notice its positive rally and achieve some gains by touching 99.00 level.

Now, stochastic rally above 50 level will increase the chances of gathering the additional positive momentum to ease the mission of surpassing the MA55 at 99.40 and open the way to reach the main positive stations near 100.05 and 100.55.

The expected trading range for today is between 98.40 and 100.05

The expected trend for today: Bullish

No news for natural gas price until this moment, to provide more sideways trades and settling near 2.200 without achieving any new negative target, while the sideways move is caused by the continuous contradiction between stochastic rally above 50 and providing temporarily positive momentum.

We remind you that succeeding to consolidate below the additional barrier at 2.500 forms major factor to reinforce the domination of the bearish bias, to keep waiting to gather the required negative momentum to resume the negative attack and target 1.7500 followed by 1.480 levels.

The expected trading range for today is between 2.350 and 1.750

The expected trend for today: Bearish

The EURJPY pair surrendered to the stability of the MA55 near 142.45 recently and forming solid support, to form correctional bullish rebound and approach the main resistance at 145.65.

The upcoming scenario depends on the strength of the mentioned resistance, as its stability allows us to expect renewing the negative attempts to attempt to reach 144.10 level initially, while succeeding to breach the resistance and holding above it will confirm moving to the bullish track, to expect achieving new gains that might start at 146.45 and 147.10.

The expected trading range for today is between 145.70 and 144.50

The expected trend for today: Bearish

The GBPJPY pair postponed the decline again due to its rally above 163.90 level, attempting to get rid of the domination of the bearish bias, to notice achieving some gains by rallying towards 165.60, and these factor don’t confirm moving to the bullish track unless breaching the key resistance at 167.10.

Note that stochastic positive momentum signals will increase the chances of renewing the bullish attempts, assuring the importance of holding above 163.90 level, to expect moving towards 166.60 level soon, followed by attempting to press on the mentioned key resistance.

The expected trading range for today is between 164.75 and 166.60

The expected trend for today: Bullish temporarily