The GBPCAD pair faced strong negative pressures recently to force it to crawl below the bullish channel’s support line at 1.6950, to provide frequent negative closings that hints the activation of the negative track, achieving 1.6725 level.

The above chart shows stochastic negative momentum signals by crawling below 50 level, to increase the chances of targeting new negative stations that might start at 1.6650 followed by reaching the MA55 near 1.6570.

The expected trading range for today is between 1.6820 and 1.6650

The expected trend for today: Bearish

No news for natural gas price, to continue forming weak sideways waves near 2.350 and keep its main stability within the main bearish channel that appears on the chart, reminding you that the previously suggested correctional bullish attempts will remain valid as long as 1.950 keeps forming the additional support, to expect the attempt to test the major resistance at 2.900 soon.

On the other hand, declining below the mentioned support and getting negative close below it will confirm its preparation to resume the main attack, to suffer big losses by moving towards the historical support near 1.500 followed by reaching the psychological support at 1.000.

The expected trading range for today is between 2.250 and 2.800

The expected trend for today: Bullish

The EURJPY pair took advantage of the positive fluctuation above 149.80 to confirm its surrender to the domination of the correctional bullish bias, to notice achieving additional gains by rallying towards 151.05 followed by forming some sideways fluctuation affected by stochastic attempt to exit from the overbought areas.

We expect the continuation of the sideways fluctuation until gathering the positive momentum, to manage to hold above 149.80 level and attempt to record additional gains by moving towards 151.60 followed by reaching the next barrier at 152.25, to form the main target of the correctional bullish bias.

The expected trading range for today is between 150.00 and 152.25

The expected trend for today: Bullish

The GBPJPY pair took advantage of the frequent stability within the bullish channel, forming new bullish wave to settle above the additional barrier 172.50, noticing achieving additional gains by reaching 173.95.

Stochastic continuous fluctuation within the overbought areas will increase the chances of gathering the positive momentum, to ease the mission of recording additional gains by rallying towards 174.65 and 175.40 levels.

The expected trading range for today is between 172.70 and 174.65

The expected trend for today: Bullish