The CHFJPY benefited by the repeated stability above the bullish channel’s support at 198.05 level, activating the bullish attack, to record several gains by reaching 200.85 attempting to settle above %50 Fibonacci correction level.

Providing bullish momentum by the main indicators will support our bullish expectation, to keep waiting for the price to reach $61.8Fibonacci correction level at 201.30, which might form an important obstacle against the bullish attempts, to push the price to provide mixed trading before breaching this barrier.

The expected trading range for today is between 199.85 and 201.30

Trend forecast: Bullish

Natural gas prices remained stable until this moment above the main support at $3.000 level, attempting to surpass the negativity of the main indicators, to reduce the chances for moving to the negative trend in the current period trading.

We should confirm that gathering bullish momentum is important to begin forming bullish waves, to attempt to reach $3.420 initially, then attacking the moving average 55 near $3.750, while breaking the support and holding below it will force it to suffer big losses by reaching $2.850 and $2.660.

The expected trading range for today is between $2.950 and $3.450

Trend forecast: Bullish

The EURJPY pair confirmed the continuation of the bullish scenario, moving away from 180.80 support and recording some suggested targets by reaching 183.00, to face 38.2%Fibonacci corrective level.

The continuation of providing bullish momentum by the main indicators will push the price to resume the bullish attempts, to keep waiting for its rally above 183.35 level, to ease the mission of reaching 61.8% Fibonacci correction level at 184.05, to monitor its behavior to detect the suggested targets in the upcoming trading.

The expected trading range for today is between 184.00 and 182.10

Trend forecast: Bullish

The GBPJPY pair ended the negative movement by reaching 207.60 level, to begin activating with stochastic positivity to rally towards 209.30 directly, to press on the barrier to find an exit to end the negative scenario in the current trading.

Note that providing positive close for the upcoming four hours above 209.15 level is important to confirm its readiness to begin bullish attack, to expect targeting 210.65 level initially, to extend the trading towards 211.70, while the failure to breach it will force the price to form new bearish waves to reach 208.25

The expected trading range for today is between 209.00 and 210.65

Trend forecast: Bullish