The CADJPY provided new negative closes by its stability below the bearish channel’s resistance at 104.90, forming some bearish waves, to notice its fluctuation near 104.00, note that the stability of the moving average 55 above the current resistance and if stochastic exits the overbought level, these factors assist to confirm the negative scenario, to expect attacking the initial support at 103.45, and breaking it will extend the losses towards the next target at 102.90.

The expected trading range for today is between 103.45 and 104.40

Trend forecast: Bearish

Natural gas price is forced to form mixed trading after recording the $3.760 level, to notice its fluctuation near the moving average 55, which attempts to reinforce the extra support at $3.600 level.

The sideways range trading might continue for today, until gathering the positive momentum, which allows it to form new bullish waves to target $3.910 level, then press on the extra barrier near $4.020.

The expected trading range for today is between $3.550 and $3.910

Trend forecast: Bullish

The EURJPY pair activated with the negative pressures since yesterday, to notice forming several bearish waves, hitting the initial negative target this morning opening at 162.45, to settle above it.

Providing new closes below 163.25 level is required for gathering the required extra negative momentum to resume the decline, to expect reaching 161.90 followed by the moving average 55 near 161.35.

The expected trading range for today is between 161.90 and 163.25

Trend forecast: Bearish

Despite the stability of the GBPJPY pair above the sideways triangle’s support at 190.85, but the continuation of the main indicators’ negative momentum, as the moving average 55 forms an extra barrier at 191.70, besides stochastic reach to 50 level, these factors support the chances for activating the negative attack, to expect reaching near 189.90, breaking this obstacle will extend the losses directly to 189.20 and 188.60.

While regaining the bullish bias requires forming strong bullish waves, to breach the resistance at 193.35, to confirm its readiness to achieve new gains that might begin at 194.60.

The expected trading range for today is between 189.90 and 191.75

Trend forecast: Bearish