EURCAD activated with the negative pressures that comes from stochastic decline towards the oversold level, which forces it to break the bullish track that is represented by 1.6095 level, to suffer clear losses by reaching 1.5835.

Forming strong resistance by the broken support, besides facing negative pressure confirms targeting extra negative stations that might extend towards 1.5725 and 1.5660.

The expected trading range for today is between 1.5725 and 1.6070

Trend forecast: Bearish

Natural gas prices repeatedly provided negative closes below $3.450 level, activating with the main indicators by their stability near $3.000.

No escape for resuming the negative attack, to keep waiting for reaching the initial target at $2.750, attempting to press on the extra support near $2.640.

The expected trading range for today is between $2.750 and $3.210

Trend forecast: Bearish

The EURJPY pair affected by the main indicators’ contradiction yesterday, which forces it to form mixed waves then begin forming a new decline, to settle near 182.30, reminding that the negative scenario remains valid, depending on the continuation of forming %61.8 Fibonacci correction level by its stability at 184.05, stochastic reaching below 50 level supports our bearish scenario, to keep waiting for targeting 181.55 level, reaching the next support near 181.10.

The expected trading range for today is between 181.55 and 183.20

Trend forecast: Bearish

The GBPJPY pair remains stable negatively until this moment below the 210.65 resistance, activating with the main indicators’ negativity and its stability near 209.40.

The continuation of providing negative momentum by the main indicators makes us expect to reach 209.15 barrier and breaking it will open the way for targeting new bearish stations that might begin at 208.30 and 206.90.

The expected trading range for today is between $208.30 and $210.40

Trend forecast: Bearish