The EURNZD confirmed the stability of the bullish scenario by providing several positive closes above the minor bullish channel’s support at 2.1055, activating with the main indicators’ positivity, achieving some gains by its stability near 2.0220.

Note that stochastic stability above 50 level will provide extra positive momentum that will allow it renewing the bullish attempts by its rally towards 2.0285 reaching the next target near 2.0348.

The expected trading range for today is between 2.0155 and 2.0285

Trend forecast: Bullish

Natural gas prices continued forming strong bullish trading, to approach from the resistance with small margin, reaching $4.314 level.

Forming extra support level at $4.145 level and the continuation of providing positive momentum by the main indicators, makes us expect to renew the bullish attack by surpassing the current resistance and begin recording new gains by its rally towards $4.495 reaching $4.770 level in the medium period trading.

The expected trading range for today is between $4.160 and $4.490

Trend forecast: Bullish

The EURJPY pair lost the positive momentum due to stochastic decline below 50 level, which forces it to delay the bullish rally and provide mixed sideways trading, fluctuating near 177.40.

Reminding you that the stability above the extra support level at 177.05, to increase the chances of renewing the bullish attempts by its rally above 178.00 level, then wait until reaching the initial target at 178.80, while breaking the extra support and holding below it will force the price to form new corrective waves, to suffer extra losses by reaching 176.40 and 175.90.

The expected trading range for today is between 177.10 and 178.00

Trend forecast: Bullish

The GBPJPY pair didn’t move anything since yesterday, forming sideways trading by its stability near 202.30, affected by the contradiction between the main indicators, while its positive stability above the initial main support at 200.45 and attempt to form extra support at 201.70 level, these factors makes us keep the bullish suggestion, which might target 203.95 level and surpassing it will make the price record extra gains that begin at 204.60.

While breaking the extra support at 201.70 might force it to delay the bullish attack and provide mixed trading, and there is chance for retesting 200.45 level before reaching any new positive station.

The expected trading range for today is between 201.75 and 203.95

Trend forecast: Bullish