The CHFJPY pair faced strong negative pressures yesterday, to force it to form strong bearish wave and break the bullish channel’s support line at 166.15, suffering big losses by reaching 162.12.

We notice that the price is forming correctional bullish rebound towards 164.60, to face the MA55 and increase the chances of gathering new negative momentum in order to confirm the continuation of the negativity for the upcoming period, to expect crawling towards 163.15 level soon, followed by reaching the additional support at 161.10.

The expected trading range for today is between 165.10 and 163.50

The expected trend for today: Bearish

Natural gas price ended its recent negative attack by forming sideways fluctuation near 2.500 support line, attempting to take the required additional negative momentum to motivate resuming the negative attack in the near-term and medium-term period.

We remind you that the bearish scenario will remain valid by forming additional barrier at 2.860, to keep waiting to break the current support followed by starting to target the negative stations again, located near 2.350 and 1.950.

The expected trading range for today is between 2.680 and 2.350

The expected trend for today: Bearish

The EURJPY pair continued to form strong negative waves to notice breaking 157.30 support line and confirm moving to new negative track by suffering big losses by touching 153.15 level.

We notice the price cover to some losses by bouncing towards 155.60 level, while that won’t affect the bearish track, depending on 157.20 forming key resistance against the current trades, also, 155.90 level attempt to form additional barrier allows us to keep the bearish overview that might target 154.70 level soon, followed by reaching 153.80 in the near term period.

The expected trading range for today is between 156.00 and 154.70

The expected trend for today: Bearish

The GBPJPY pair faced new negative pressures, which pushed it to form strong negative attack, suffering many losses by touching 178.60 level followed by bouncing towards 181.00.

Now, the consolidation below the MA55 that forms additional barrier at 182.45 and stochastic fluctuation near 20 level confirm the continuation of the negativity, to expect renewing the bearish attempts and target 180.45 followed by targeting 180.45 and 179.20 levels.

The expected trading range for today is between 181.80 and 180.50

The expected trend for today: Bearish