Despite the stability of the GBPCHF within the bearish channel’s levels, and 1.0740 level represents the extension of the main resistance but facing the extra support at 1.0650 that pushed it to delay the negative attack and forming bullish corrective rebound at 1.0725 level.

The stability of the trading below the mentioned bearish channel’s resistance is important to increase the chances of its activation within the main indicators’ negativity, to expect attacking the support at 1.0650 to find an exit for resuming the negative attack in the near and medium period trading, and 1.0605 level forms the next main target.

The expected trading range for today is between 1.0650 and 1.10720

Trend forecast: Bearish

Natural gas price ended its last trading by reaching below the moving average 55 by its approach from the initial negative target at $3.050, confirming its surrender to the previously suggested bearish scenario.

The main stability below the resistance at $3.320 confirms the price confinement within the bearish trend, to expect breaking $3.050 level to begin targeting new bearish stations by reaching $2.940 and $2.820.

The expected trading range for today is between $2.940 and $3.200

Trend forecast: Bearish

The EURJPY pair resumed the bearish corrective attack in Friday’s trading, hitting some of the previously suggested targets, to form quick positive rebound to settle near 176.50, keeping the main bullish scenario that depends on the stability within the bullish channel’s levels that appears in the above image.

Note that the continuation of the contradiction between the main indicators that might force the price to provide more of the sideways trading, to keep waiting for breaching 177.05 to confirm its readiness to form new bullish attack by targeting the top at 177.80.

The expected trading range for today is between 175.90 and 177.05

Trend forecast: Fluctuated within the bullish trend

The GBPJPY pair activated negatively with the economic data on Friday to resume the bearish correction, to target 201.70 support, then bouncing positively to settle above %161.8 Fibonacci extension level at 202.40 to reinforce the chances of forming new bullish waves, to attempt to reach 203.40 then press on the barrier at 203.85.

While facing new bearish pressure and reaching below 201.70 support confirms its move to a new negative station, which forces it to suffer more losses by reaching 201.20 followed by the extra support at 200.45.

The expected trading range for today is between 202.40 and 203.85

Trend forecast: Bullish