The EURCHF price formed more bearish waves in its last trading, affected by forming strong barrier at 0.9225 level, holding near the initial target at 0.9145 level.

Note that the main indicators provide bearish momentum will confirm the continuation of the negativity, to keep waiting for reaching 0.9060 level, forming the next target in the negative trading.

The expected trading range for today is between 0.9060 and 0.9195

Trend forecast: Bearish

Natural gas price needs bullish momentum, forcing it to provide new mixed trading by its repeated stability near $3.250, reminding you that the bullish scenario remains valid due to the stability above the bullish channel’s support at $3.030, to keep waiting for gathering bullish momentum, to ease the mission of its rally above $3.450 and reaching the initial target near $4.000.

While breaching strong bearish pressure and reaching below the main support, so that will confirm its move to a new negative phase, which forces it to suffer new losses by reaching $2.850.

The expected trading range for today is between $3.100 and $3.500

Trend forecast: Bullish

The EURJPY pair began new positivity this morning by its rally towards 186.22, but its neediness to negative momentum that pushed it to retest 184.85 level, to begin forming sideways waves as appears in the above image.

In general, we will keep preferring the bullish bias by the stability of the trading within the bullish channel’s levels and its main support settles near 183.40, therefore, we recommend waiting for gathering bullish momentum in the near period, reinforcing the chances of reaching 186.85, and surpassing it will form next main target at 187.75 in the upcoming trading.

The expected trading range for today is between 184.90 and 186.85

Trend forecast: Bullish

The GBPJPY pair failed to confirm breaking 212.85 level, which forces it to delay the previously suggested negative scenario, forming bullish waves to test the broken bullish channel’s support at 214.40 in this morning’s trading, forming a new bearish decline to settle near 213.40.

The contradiction between the main indicators might push the price to provide temporary trading, to keep waiting to confirm the negative scenario by reaching below 212.85, opening the way for targeting negative stations at 212.00 and 211.25, while breaching 214.40 and holding above it will confirm regaining the bullish track, providing strong chances to record new gains by its rally towards 215.50.

The expected trading range for today is between 211.25 and 213.85

Trend forecast: Sideways