GBPCHF kept its stability within the bearish channel’s levels, affected by the stability of the main resistance at 1.0720, forming sharp decline, surpassing the extra support level at 1.0655 and its stability near 1.0625, to achieve the suggested negative targets.
Note that the continuation of the fluctuation below the broken extra support and providing extra negative momentum, these factors keep the bearish suggestion, which might target new negative stations that might begin at 1.0605 reaching the support of the channel’s support at 1.0575.
The expected trading range for today is between 1.0605 and 1.0655
Trend forecast: Bearish
Natural gas price succeeded in confirming breaking the extra support at $3.050, activating with the negative factors by targeting the initial target at $2.940, to settle near it.
No escape from resuming the negative attack, to expect reaching $2.820 barrier, and breaking it will extend the losses towards $2.750 and $2.620.
The expected trading range for today is between $2.820 and $3.050
Trend forecast: Bearish
The EURJPY pair forced it to form slow sideways trading, to face stochastic negativity which keeps its positive stability above the extra support at 175.20 level, confirming the continuation of the suggested bullish attempts.
Gathering the positive momentum is important to ease the mission of forming bullish waves, to help it surpass the obstacle at 176.40, then targeting the next positive station at 177.05, while breaking the current support will force it to activate the bearish corrective trend, to suffer extra losses by reaching 174.25.
The expected trading range for today is between 175.20 and 176.45
Trend forecast: Bullish
The GBPJPY pair still needs positive momentum until this moment, which forces it to form sideways fluctuated moves by its stability near 201.70 support level, which represents the key of detecting the expected trend in the near trading, as its stability makes us expect motivating the bullish trend, which might target 202.55 level reaching 203.85 barrier.
While breaking the current support and providing negative close below it will force it to activate the bearish correctional track, which forces it to suffer extra losses by reaching 201.10, reaching the next support at 200.45.
The expected trading range for today is between 201.70 and 203.00
Trend forecast: Bullish