The GBPAUD remains affected by the negative factors that are represented by the continuation of forming main resistance at 1.9545 level, besides the unionism of providing negative momentum by the main indicators, to notice resuming the negative movement to settle near 1.8860.

Forming extra barrier at 1.9090 level and providing negative momentum will reinforce the chances of resuming the bearish trend, to reach 1.8745 level, to repeat the pressure at 1.8675.

The expected trading range for today is between 1.8745 and 1.8900

Trend forecast: Bearish 

Natural gas price provided more of the sideways trading due to the contradiction of the main indicators’ negativity against holding above $2.620 support, however the main stability below the initial resistance at $3.150 makes us keep the negative scenario, to break $2.620 level, targeting extra negative stations by reaching $2.390 and $2.250.

While regaining the bullish track requires forming strong bullish waves, to settle above %23.6 Fibonacci correction level at $3.510.

The expected trading range for today is between $2.390 and $2.820

Trend forecast: Bearish

The EURJPY pair remains stable until this moment below the barrier at 187.50 level, surrendering to the continuation of the main indicators, to form mixed trading by its fluctuation near 187.20.

The stability below the barrier might force it to provide more corrective attempts, to reach 186.10 and 185.65, while its success in stepping above the barrier and providing positive close will open the way for recording new gains by its rally towards 188.35 and 188.80 directly.

The expected trading range for today is between 186.10 and 187.50

Trend forecast: Fluctuated within the bullish track

The GBPJPY pair succeeded in surpassing stochastic negativity by providing a new positive close above the initial support at 214.10, keeping its bullish trend by its stability near 214.85, and gathering extra positive momentum is important to reinforce the chances of its rally towards 215.70, and surpassing it might extend the trading towards 216.40 and 217.60.

While surpassing the negative pressure and reaching below 214.10 will force it to delay the bullish rally by reaching the initial main support at 213.30.

The expected trading range for today is between 214.40 and 215.70

Trend forecast: Bullish