The EURCHF surrendered to strong negative pressures in its last trading, represented by the stability of the moving average 55 above the barrier at 0.9380 level, besides the negative momentum that comes from stochastic, to notice suffering some of the losses by its fluctuation near 0.9350.

The continuation of suffering negative pressures makes us prefer more of the bearish trading, to target 0.9300 level, then extend the losses towards 0.9255, which forms the initial main target.

The expected trading range for today is between 0.9300 and 0.9380

Trend forecast: Bearish

Natural gas price continued forming negative trading, affected by forming $3.600 a strong barrier, to suffer new losses by its stability near $3.258, achieving the suggested initial negative target in the previous report.

Noticing the stability of stochastic within the oversold level, increasing the negative pressures in the current period trading, to expect targeting $3.130 level, and surpassing it might extend the losses towards $2.950, to face a strong extra support as appears in the above image.

The expected trading range for today is between $3.130 and $3.450

Trend forecast: Bearish

The EURJPY pair attempted to face the negative pressures, attempting to settle above the moving average 55, which increases the stability of the support at 162.15, reinforcing the chances for activating the bullish track, confirming the importance of gathering the positive momentum, to ease the mission of its rally towards 163.35 initially, and surpassing this obstacle will make the price succeed to achieve several gains that begin at 163.90 and 164.80.

Facing new bearish waves and its decline below the moving average 55 will force it to form strong bearish waves, which forces it to suffer several losses by reaching 161.10 and 160.40.

The expected trading range for today is between 162.15 and 163.35

Trend forecast: Bullish

The GBPJPY pair remains affected by the negative pressures, which forces it to fluctuate below the extra support at 193.15 level, which forces it to delay the bullish rally on the current trading, while the stability of the moving average 55 above the support at 191.50, stochastic approach from 20 level, these factors make us wait for gathering the positive momentum, then begin targeting some of the positive stations, by its rally to 194.50 and 195.30.

While the decline below 191.50 and providing a negative close will confirm its move to the bearish track, to expect suffering big losses by reaching 190.40.

The expected trading range for today is between 192.20 and 194.10

Trend forecast: Bullish