The GBPAUD failed to breach 2.1020 barrier, forcing it to form new bearish correctional waves, to settle near the moving average 55 at 2.0620.

Despite the stability of the price within the bullish channel levels, the attempt of forming extra barrier at 2.0745 level by the continuation of providing negative momentum, these factors confirm the dominance of the bearish correctional bias, targeting 2.0560 level reaching extra support near 2.0483.

The expected trading range for today is between 2.0710 and 2.0560

Trend forecast: Bearish

Natural gas price continued forming bullish correctional trading, to test the neckline of the head and shoulders pattern by reaching $3.050, but it will not affect the main bearish track, depending on the resistance at $3.170.

Stochastic reach to the overbought level confirms surpassing the positive pressure, increasing the chances for gaining the required negative momentum, to activate the negative attempts to reach $2.850, to repeat the pressure on $2.650 barrier.

The expected trading range for today is between $2.850 and $3.100

Trend forecast: Bearish

The EURJPY pair began receiving extra positive momentum, to form bullish moves to settle near 172.10, confirming the stability of the suggested bullish scenario.

The main stability within the main bullish channel levels, forming extra support at170.45 level, these factors help to renew the bullish attempts, to expect surpassing 172.45 level and reaching the next target at 173.40, attempting to find an exit for resuming the bullish attack in the upcoming period trading.

The expected trading range for today is between 171.60 and 173.40

Trend forecast: Bullish

The GBPJPY pair repeated forming weak sideways trading, to keep fluctuating near 198.80 level without any new positive target, due to its continuous neediness to the positive momentum due to stochastic stability below 50 level until this moment.

While the repeated positive stability above the extra support at 197.85 level makes us keep the bullish suggestion, to exit gathering the required positive momentum, reaching positive stations that begin at 200.40 reaching the next main target near 201.55.

The expected trading range for today is between 198.00 and 200.40

Trend forecast: Bullish