The EURCHF price provided many sideways trades recently, attempting to hold above the breached bearish channel’s resistance line at 0.9385 to reinforce the chances of activating the bullish attack soon.

The price needs new positive momentum to ease the mission of jumping above 0.9425 obstacle, allowing us to suggest targeting new positive stations that might extend towards 0.9465 and 0.9495 levels.

The expected trading range for today is between 0.9390 and 0.9465

Trend forecast: Bullish

Natural gas price succeeded to get rid of the negative pressures by providing new positive closings above 2.600$ major support line, to reinforce the chances of renewing the previously suggested bullish attempts.

Now, the major indicators provide the positive momentum to increase the chances of attacking 2.850$ obstacle, while surpassing it will ease the mission of recoding new gains by rallying towards 2.930$ and 3.120$.

The expected trading range for today is between 2.680$ and 2.850$

Trend forecast: Bullish

The EURJPY pair lost the positive momentum yesterday, to force it to form some correctional bearish waves to approach the first main support line at 164.30.

Note that facing continuous negative pressures might force it to break the current support to hint its preparation to activate the negative attack again by targeting 163.80 and 163.40 levels, while the stability of the support will confirm the price affection by the domination of the sideways bias until surpassing the obstacle again at 165.50 to confirm regaining the bullish bias again.

The expected trading range for today is between 163.80 and 165.20

Trend forecast: Bearish

The GBPJPY pair surrendered to the stability of 199.70 additional barrier, to force it to activate the correctional bearish track and surpass the first target at 198.30 as appears on the chart.

Stochastic continuous negative momentum signals support our bearish overview, waiting to attack 197.30 support line soon, which breaking it will increase the chances of suffering additional losses that might start at 196.80 and 196.45.

The expected trading range for today is between 196.80 and 198.50

Trend forecast: Bearish