The CADJPY formed a main bearish channel in the last period trading, to notice the stability of the moving average 55 near the resistance at 105.20, to increase the efficiency of the negative attack, to settle near 102.80.

By the above image, we notice the trading stability below 61.8%Fibonacci correction level at 103.45, to form an extra barrier against the negative trading, to begin preferring targeting new negative stations by the price decline towards 102.10 and 101.35.

The expected trading range for today is between 102.10 and 103.10

Trend forecast: Bearish

Natural gas price succeeded in taking advantage of the positive factors that are represented by the continuation of forming a key support at $2.960, besides providing positive momentum by stochastic, to notice its stability near the initial positive target at $3.360.

We expect renewing the bullish attempts to achieve extra gains that might extend towards $3.480, then wait to attack the moving average 55 near $3.600, which represents the next main target for the near trading.

The expected trading range for today is between $3.250 and $3.480

Trend forecast: Bullish

The EURJPY pair lost its positive momentum yesterday, reaching below 163.25 level, forcing it to delay the bullish rally, to settle near the moving average 55 at 161.90, forming a new extra support.

The price stability above the current support makes us expect begin forming bullish waves, to renew the attempts to breach the barrier at 163.25, which forms confirmation key for the previously suggested positivity, to target 164.20 and 164.90.

The expected trading range for today is between 161.85 and 163.25

Trend forecast: Bullish

The GBPJPY pair failed to confirm breaching the barrier at 191.55 yesterday, affected by the moving average 55 above it, which forces it to form sideways trading, to be confined between this barrier and the support level at 190.50.

Monitoring the price behavior and waiting for its rally above the barrier, to increase the efficiency of the bullish track, targeting 192.40 level, reaching the next target near 193.15, while reaching below the support will cancel the positive suggestion to force the price suffer several losses, starting at 189.70 and 188.60.

The expected trading range for today is between 190.50 and 191.55

Trend forecast: Sideways