The CHFJPY pair provided many positive closings above the bullish channel’s support lie at 169.10 recently, to confirm regaining the bullish bias and notice starting to record some gains by rallying towards 171.33.

Also, stochastic consolidation near 80 level reinforces our bullish overview for the upcoming trading, to ease the mission of gathering the additional positive momentum followed by attempting to reach the additional stations at 171.85 and 172.45.

The expected trading range for today is between 170.65 and 171.85

The expected trend for today: Bullish

Natural gas price postponed the bullish rally and formed sideways trades near 3.080, affected by the stability of 3.400 barrier, also, stochastic exit from the overbought areas confirms surrendering to the domination of the sideways bias, noting that it is important to hold above the EMA50 that forms new support at 2.850.

Note that succeeding to surpass the mentioned barrier and closing above it will reinforce the domination of the bullish bias for the upcoming trades, to expect targeting new stations that might start at 3.620 and 3.950.

The expected trading range for today is between 2.900 and 3.400

The expected trend for today: Bullish

The EURJPY pair succeeded to surpass 158.90 level and hold above it, to settle within the bullish channel again and notice the beginning of recording big gains by touching 159.95 level, waiting for more rise due to the positive momentum coming by the major indicators, as stochastic attempts to settle within the overbought areas.

These factors allow us to wait to provide strong pressures on 160.40 level to form the next station of the near-term trades, while surpassing this obstacle will push the price to 161.15 as a next main target for the bullish trades.

The expected trading range for today is between 159.20 and 160.40

The expected trend for today: Bullish

The GBPJPY pair provided new bullish rally yesterday, taking advantage of the stability within the bullish track that depends on the MA55 forming additional support at 182.20, to notice surpassing the first previously suggested target and settling at 185.60 now.

Stochastic continuous positive momentum will increase the efficiency of the bullish track, to expect recording additional gains that might extend towards 186.25 followed by attempting to press on 188.00 level that forms the door to return to the bullish channel that appears on the chart.

The expected trading range for today is between 184.50 and 186.25

The expected trend for today: Bullish