The CHFJPY ended its bullish rally by reaching 204.00 level, to form an intraday barrier against the bullish attempts, forcing it to form temporarily corrective rebound, to settle near 202.25.

Note that the main stability within the bullish channel’s levels and the attempt to form extra support at 201.25 level, these factors makes us wait for gathering positive momentum that will allow it form new bullish rally, to press on the barrier, and if it manages to surpass this level, it will record extra gains that might begin at 204.65 and 205.00.

The expected trading range for today is between 201.85 and 204.00

Trend forecast: Bullish

Natural gas price benefited from stochastic exit from the oversold level, to form some bullish waves, to settle near $3.450 barrier.

While the continuation of the price stability below this barrier will force it to form new bearish waves to target $3.020 and $2.820 level, while breaching the barrier and holding above it will open the way for recovering several gains that might begin at $3.750 reaching $4.200.

The expected trading range for today is between $3.020 and $3.450

Trend forecast: Bearish

The EURJPY pair is affected by the stability at 184.40 barrier in the last period, which forces it to form new negative trading, approaching the initial negative target at 182.90 as appears in the above image.

Note that stochastic stability below 80 level might push the price to provide more negative trading, to attempt to target 182.45 level reaching %23.6 Fibonacci correction level near 182.00, while its rally again above 184.40 will confirm its move to the bullish track, to attempt to achieve several gains by its rally towards 184.80 and 185.45.

The expected trading range for today is between 182.00 and 183.65

Trend forecast: Fluctuated within the bearish trend

The GBPJPY pair repeatedly provided negative closes below 213.00 level, forcing it to provide mixed trading by reaching 211.90 as previously expected, this decline will not threaten the bullish scenario, depending on the continuation of forming extra support at 210.60 level, which makes us wait for gathering positive momentum, to activate the attempts of breaching the barrier and targeting new positive stations that might extend towards 214.20 and 215.00.

While breaking 210.60 level and holding below it might force it to form strong decline, which forces it to suffer several losses by reaching 209.80 and 209.10.

The expected trading range for today is between 211.80 and 213.00

Trend forecast: Fluctuating within the bullish trend