EURCHF continued to form strong bearish waves from the last period, reaching towards the initial main target at 0.8980 level, to settle above it as appears in the above image.

This scenario depends on the strength of this barrier at 0.8980, its stability makes us expect to recover some losses by its rally towards 0.9030 and 0.9075, while breaking the support and holding below it will force it to suffer new losses that might begin at 0.8930 reaching 0.8865.

The expected trading range for today is between 0.8970 and 0.9030

Trend forecast: Bullish

Natural gas prices affected by the political events on Friday, forming some bullish waves to approach from $3.450 barrier, facing the moving average level 55.

Note that stochastic attempt to exit the oversold level will provide extra bullish momentum, which makes us wait to surpass the current barrier, to begin recording new gains that might begin at $3.720 reaching $4.200.

The expected trading range for today is between $3.120 and $3.720

Trend forecast: Bullish

The EURJPY pair continued to provide weak sideways trading in Friday, affected by the continuation of forming 50%Fibonacci correction level at 183.40 barrier, while the current support settles near182.00 level, its stability decelerates the attempts of resuming the negative attack.

The contradiction of the main indicators makes us stay neutral for today and monitor the price behavior until surpassing one of these levels, so breaching the barrier will allow it to record some extra gains, to expect forming initial negative target at 181.55 level. 

The expected trading range for today is between 182.00 and 183.00

Trend forecast: Neutral

The GBPJPY pair succeeded to settle above 209.10 level, forming a key support for the bullish attempts, to begin forming strong bullish waves and recording 2110.10 level recently, to approach from the previously suggested target.

The attempt of forming additional support at 210.50 level, and the main indicators attempt to provide positive momentum will increase the efficiency of the bullish scenario, to expect rally towards 211.80, and surpassing this barrier will extend the trading towards new bullish stations that begin at 212.45

The expected trading range for today is between 210.60 and 211.80

Trend forecast: Bullish