The EURGBP ended the last bullish rally by reaching 0.8817, keeping its stability below 0.8830 level, announcing its surrender to the bearish corrective trend dominance by reaching 0.8775.

The stability below the mentioned barrier and stochastic attempt to provide negative momentum by its exit from the overbought level will increase the chances of resuming the corrective attempts, reaching 0.8740 followed by the next target at 0.8720.

The expected trading range for today is between 0.8740 and 0.8800

Trend forecast: Bearish

Natural gas price approached its last bullish rally at $4.210, which forced it to form sideways trading, affected by stochastic exit from the overbought level, to settle near $4.110.

Reminding you that the stability of the trading above the extra support level at $3.830 confirms the continuation of the positive trading in the near and medium period, which makes us wait for gathering extra bullish momentum, to ease the mission of reaching the bullish channel’s resistance at $4.320, which forms a key for detecting the main trend in the upcoming trading.

The expected trading range for today is between $4.060 and $4.320

Trend forecast: Bullish

The EURJPY pair kept the suggested bullish scenario, despite its failure to surpass 178.80 level by providing repeated positive closes above 2.00%Fibonacci extension level at 177.05.

The contradiction between the main indicators might push the price to provide more of the mixed trading, to keep waiting for gathering extra positive momentum, to ease the way for surpassing the mentioned barrier, then begin recording extra gains that might begin at 179.35 and 180.00.

The expected trading range for today is between 177.40 and 179.35

Trend forecast: Bullish

Despite the weakness of the GBPJPY pair’s trading on Friday, the attempt of its stability above the extra support at 201.70 accompanied by our bullish expectation, fluctuating near 202.55 level.

 Stochastic attempts to surpass 50 level, which will increase the chances of gathering positive momentum in the current period, to ease the mission of targeting positive stations by its rally towards 203.55 initially, then attempts to renew the pressure on the barrier at 203.95.

The expected trading range for today is between 202.00 and 203.95

Trend forecast: Bullish