The CADJPY pair continued the negative attack, affected by the negative factors represented by the stability of 100.75 barrier in addition to the continuous negative momentum coming by the major indicators, to notice reaching new negative levels and settling near 109.95.

The stability below 110.20 allows us to expect the activation of the double top pattern, to increase the efficiency of the bearish attack and expect targeting new negative stations that might start at 109.38 level, while breaking this obstacle will push the price towards 108.90 as a next main target.

The expected trading range for today is between 110.15 and 109.40

The expected trend for today: Bearish

Natural gas price formed sideways fluctuation by settling near 2.000 barrier, attempting to face stochastic intraday negativity and waiting the chance to gain the required additional positive momentum to achieve the waited breach.

Also, the stability of the additional support at 1.800 will increase the chances of achieving the required breach, to open the way to reach the additional positive stations at 2.200 and 2.380.

The expected trading range for today is between 1.900 and 2.200

The expected trend for today: Bullish

The EURJPY pair still lacks the positive momentum after stochastic decline towards 50 level, to notice providing correctional bearish crawl and approach the bullish channel’s support line around 161.70.

The upcoming scenario depends on the strength of the current support line, to expect renewing the bullish attempts and targeting some positive stations that might start at 162.65 and 163.10, while facing continuous negative pressures and crawling below the current support will confirm moving to the bearish track, to expect suffering big losses by moving towards 160.85 first, followed by reaching 160.25 additional support.

The expected trading range for today is between 161.70 and 162.65

The expected trend for today: Bullish

The GBPJPY pair started this morning by forming new negative wave, threating the stability of the additional support at 189.05, affected by stochastic crawl below 50l level and providing the negative momentum again.

We assure the importance of monitoring the price behavior due to the importance of the current support to confirm the near-term and medium term trend, as facing continuous negative pressures might force it to break this support and start providing strong negative waves, to suffer additional losses that might extend towards 188.40 and 187.70 soon, while regaining the bullish bias requires rallying above 190.15 to ease the mission of targeting the positive stations again, located now near 190.90 and 191.85.

The expected trading range for today is between 189.00 and 189.60

The expected trend for today: Neutral