The EURNZD confirmed the continuation of the bullish scenario by its repeated stability within the bullish channel’s levels, besides its rally to the upside towards 1.9120 taking advantage of the extra support at 1.8910.

Note that the stochastic approach from 80 level will increase the chances for gaining the positive momentum, which will assist targeting new bullish stations that begin at 1.9175 and 1.9240.

The expected trading range for today is between 1.9060 and 1.9175

Trend forecast: Bullish

Natural gas price failed to resume the bullish attack, as it faces an extra barrier at $3.850, which forces it to form sideways trading by its stability near $3.750, noting that the stability of the moving average 55 near the initial support at $3.600 and the continuation of providing positive momentum, these factors make us keep the bullish suggestion, to expect breaching the barrier and begin recording new gains by its rally towards $3.950 and $4.150.

The expected trading range for today is between $3.650 and $3.950

Trend forecast: Bullish

The EURJPY pair failed to confirm breaching the barrier at 163.35, which forces it to form a new bearish wave, to notice approaching from the support at 162.05, which forms a key line for detecting the main trend in the upcoming trading.

Note that stochastic exit from the oversold level and the stability above the current support, these factors make us keep the bullish suggestion, confirming that surpassing the barrier at 163.35 is important for opening the way for recording big gains that might extend to 164.00 and 164.80.

The expected trading range for today is between 162.00 and 163.35

Trend forecast: Bullish

The GBPJPY pair continued forming temporary negative trading, announcing its surrender to stochastic negativity, noticing by the above image its approach from the moving average 55, which attempts to form extra support near 192.10 level.

The continuation of forming main support at 191.20 makes us wait for gathering the positive momentum, which allows it to activate the bullish track to target 193.60 level initially, then attempts to press on the barrier at 194.60.

The expected trading range for today is between 192.00 and 193.60

Trend forecast: Fluctuated