The GBPCHF provided several negative trading, affected by its stability below the main bearish channel’s resistance at 1.0748, suffering some losses by hitting 1.0670 level, then forming correctional trading by its stability near 1.0705.

Note that the continuation of providing positive momentum by the main indicators will increase the chances of forming new bearish waves, attempting to press on the barrier at 1.0660, and breaking it will extend the losses towards 1.0630, to face the support of bearish channel that appears in the above image.

The expected trading range for today is between 1.0720 and 1.0660

Trend forecast: Bearish

Natural gas price continued forming strong bearish waves, confirming its surrender to the previously suggested negative scenario, to settle near the initial target at $2.820.

Stochastic reach towards the oversold level will increase the negative pressure on the trading, which makes us keep the bearish suggestion, to target the barrier at $2.620 and breaking it will open the way for targeting new stations that might begin at $2.520 and $2.390.

The expected trading range for today is between $2.620 and $2.880

Trend forecast: Bearish

Despite the neediness of the EURJPY pair to the positive momentum, its main stability within the bullish channel’s levels, and its stability above the extra support at 173.40 forms a main factor to confirm the positive continuation, to keep waiting for recording extra gains by its rally towards 175.20 reaching 177.05 in the medium period trading.

While facing new bearish pressure and reaching below the extra support will confirm the attempts of activating the bearish correctional track again, which forces it to suffer some losses by reaching 172.80 reaching the support of the bullish channel at 171.40.

The expected trading range for today is between 173.70 and 175.20

Trend forecast: Bullish

Despite the stability of the GBPJPY pair in the last period below the barrier at 200.45, but the continuation of the main indicators’ contradiction that pushed it to form sideways trading by its repeated stability near 199.60.

We will keep waiting for gathering the extra negative momentum, to ease the mission of forming new correctional waves, to target 198.60 level reaching the extra support at 197.80, while breaching the barrier will turn the bullish track back, to begin recording extra gains by its rally towards 200.90 and 201.55.

The expected trading range for today is between 198.60 and 200.40

Trend forecast: Bearish