The GBPAUD returned to activate with the main indicators, which forces it to attack the critical support at 2.0315 and holding above it, noticing stochastic attempt to provide extra positive momentum, to provide new chance for activating the bullish track, to expect its rally towards 2.0450 initially, then surpassing 23.6%Fibonacci correction level at 2.0510, to confirm its readiness to form strong bullish waves in the upcoming period.

While the price decline below the current support and providing negative close will confirm its move to the negative track, which forces it to suffer several losses by reaching 2.0220 and 2.0075.

The expected trading range for today is between 2.0315 and 2.0410

Trend forecast: Bullish

Natural gas price took advantage of its stability above $3.060 level, to form new bullish waves, surpassing the moving average 55, repeating the pressure on the critical resistance at $3.280 level currently.

Note that the continuation of providing positive momentum by the main indicators might assist breaching the resistance to confirm regaining the bullish track by its stability within the bullish stations that begin at $3.410 and $3.530.

The expected trading range for today is between $3.190 and $3.410

Trend forecast: Bullish 

The EURJPY pair activated with stochastic intraday negativity, to keep its stability below the barrier at 175.20, providing correctional trading by reaching 174.00.

Note that the current decline will not affect the bullish scenario due to the stability of the extra support at 173.40, therefore, we will keep waiting for gaining the positive momentum to ease the mission of surpassing the barrier and targeting new positive stations that might extend to 175.60 and 176.00, while breaking the extra support will confirm its surrender to the bearish correctional track, forcing it to suffer extra losses by reaching 172.60.

The expected trading range for today is between 173.65 and 174.85

Trend forecast: Fluctuated within the bullish track

The GBPJPY pair failed to breach the barrier at 200.45, which forces it to provide new mixed trading by reaching 199.50, announcing its surrender to the sideways track that depends on forming extra support at 198.60 level, while the mentioned barrier represents the key of resuming the bullish attack.

Note that the continuation of the attempt of providing positive momentum by the main indicators will increase the chances for some bullish waves, to attempt to press on the barrier, where surpassing it will make the price target new positive stations that begin at 200.95 and 201.55.

The expected trading range for today is between 198.80 and 200.45

Trend forecast: Sideways