The GBPCHF price formed minor bullish channel recently to settle above it support line at 1.1290 now, noticing recording some gains by rallying towards 1.1350.

The frequent stability within the bullish channel and stochastic attempt to gather the positive momentum will increase the chances of recording additional gains, to expect rallying towards 1.1390 followed by starting to renew the pressure on 1.1425 barrier.

The expected trading range for today is between 1.1320 and 1.1390

Trend forecast: Bullish

Natural gas price touched 4.186$ level yesterday followed by surrendering to stochastic intraday negativity, to notice retesting 3.950$ support line and settling above it to confirm keeping the previously suggested bullish bias.

Now, stochastic attempt to gather the positive momentum will increase the chances of rallying towards 4.240$ to form the first target for the current trades, while surpassing it might extend trades towards 4.500$ recorded high direct.

The expected trading range for today is between 3.900$ and 4.240$

Trend forecast: Bullish

The EURJPY pair continued to provide slow sideways trades by fluctuating near 156.20, attempting to gather the additional negative momentum to reinforce the domination of the previously suggested bearish bias.

We assure the importance of holding below 157.35 barrier, noting that succeeding to gather the negative momentum will push the price to decline towards 155.30 level, while breaking it will extend trades towards the next target at 153.90 direct.

The expected trading range for today is between 155.30 and 157.00

Trend forecast: Bearish

The GBPJPY pair didn’t move yesterday, to trade between 189.80 resistance and 188.20 support lines.

We recommend to wait to achieve the required break to confirm its preparation to target the negative stations by moving towards 186.90 followed by reaching the next main target at 184.85, while surpassing the barrier will cover some losses before reaching any of the negative targets.

The expected trading range for today is between 188.25 and 189.70

Trend forecast: Sideways