Despite forming minor bullish channel recently, the GBPCHF price frequent consolidation below 1.1420$ barrier decreases the chances of resuming the rise now, to notice forming correctional bearish rebound by touching 1.1355.

We notice stochastic exit from the overbought areas to increase the temporary negative pressures on the price and allow us to suggest more decline to target 1.1320 and 1.1285$ levels soon.

The expected trading range for today is between 1.1320 and 1.1400$

Trend forecast: Bearish

Natural gas price provided some temporary negative waves yesterday to keep its stability within the bullish channel by consolidating above 3.980$ support line, to notice forming bullish wave and settling near 4.330$.

Also, stochastic return to the overbought areas will provide the price with the additional positive momentum to assist to renew the bullish attempts that might target 4.680$ followed by 4.820$ levels soon.

The expected trading range for today is between 4.220$ and 4.680$

Trend forecast: Bullish

The EURJPY pair returned to form correctional bullish waves by rallying above 157.30, attempting to decrease the recently suffered losses by rallying towards 158.20 now.

The price might take advantage of stochastic positivity to record some additional gains towards 158.65 followed by forming new negative waves to reinforce the chances of reaching the additional negative stations near 156.60 and 155.50.

The expected trading range for today is between 157.00 and 158.60

Trend forecast: Bearish

The GBPJPY pair touched the first additional negative target by reaching 188.68 followed by forming correctional bullish rebound to settle near 190.35, noting that the consolidation within the minor bearish channel and settling below 191.70 resistance line confirm the preparation to renew the negative attempts and repeat the pressure on 188.70 level, while confirming the break will push the price to reach the next negative target at 187.90.

On the other hand, breaching the mentioned resistance and settling above it will allow the price to build new bullish track to press on 50% Fibonacci correction level at 193.35.

The expected trading range for today is between 188.00 and 191.30

Trend forecast: Bearish