The EURNZD attempted to recover more of the losses by its rally towards 2.0395, to face a strong barrier, which forces it to reach 2.0270 to confirm the dominance of the bearish bias in the current trading.

The stability below the previously mentioned barrier and providing negative momentum by stochastic will increase the efficiency of the bearish track, to expect reaching 2.0225 and surpassing it will renew the pressure on the main support at 2.0060.

The expected trading range for today is between 2.0225 and 2.0370

Trend forecast: Bearish

Natural gas price surrendered to the stability of the barrier at$4.200, forming new bearish waves, to press on the bullish channel’s support at $3.880.

Stochastic stability below 50 level will increase the chances of gathering negative momentum, to break the bullish channel’s support and begin forming strong bearish waves to target $3.680 reaching 23.6%Fibonacci correction level at $5.520.

The expected trading range for today is between $3.680 and $4.070

Trend forecast: Bearish

The EURJPY pair failed to resume the bullish attack due to the continuation of forming strong barrier at 183.20 level, forming mixed sideways trading by its stability near 182.70.

In general, we will keep our bullish scenario due to the stability above 181.70 support, note that providing bullish momentum by stochastic might help it to breach the mentioned barrier to open the way for reaching extra stations near 183.65 and 184.10.

The expected trading range for today is between 182.35 and 183.60

Trend forecast: Bullish

The GBPJPY pair settled above 208.10 level, forming new bullish waves and achieving some previously suggested targets by reaching 209.00, then waiting for providing new sideways trading by its stability near 208.50.

Reminding you that the bullish scenario will remain valid due to the stability within the bullish channel’s levels besides the stability of the initial main support at 206.95, therefore, we will keep preferring our bullish scenario, to expect attacking the bullish channel’s resistance at 209.30 then attempts to hit the next main target near 209.85.

The expected trading range for today is between 208.00 and 209.85

Trend forecast: Bullish