The EURGBP formed some mixed waves in its last trading, to face the barrier at 0.8735 level, settling below it to reach the moving average of 55 near 0.8685.

Note that stochastic attempt to provide the negative momentum by reaching below 50 level will increase the chances of reaching below the moving average 55, to begin targeting several negative stations near 0.8650 and 0.8615, while breaching the barrier and holding above it will open the way for forming several bullish waves to target 0.8780 level initially.

The expected trading range for today is between 0.8670 and 0.8730

Trend forecast: Bearish

Natural gas price kept providing strong pressure on the support level at $2.620, attempting to find an exit for resuming the previously suggested negative attack, the continuation of providing negative momentum makes us wait for achieving the required break, to open the way for reaching extra negative stations that are located at $2.390 and $2.250 level.

The expected trading range for today is between $2.390 and $2.820

Trend forecast: Bearish

The EURJPY pair didn’t move anything since yesterday by its continued fluctuation near 187.45 level, affected by stochastic attempt to exit the overbought level, to increase the chances of activating the attempts of gathering the gains by targeting 186.55 and 185.85 level.

While the stability above 186.90 will allow it to provide a chance for gathering extra positive momentum, reinforcing the chances of targeting new positive stations by its rally towards 187.75 and 188.35 directly.

The expected trading range for today is between 186.90 and 187.75

Trend forecast: Fluctuated within the bullish trend.

The GBPJPY pair forced it to provide sideways trading by its stability near 215.50 level, affected by stochastic exit from the overbought levels, the price might be forced to provide some bearish corrective trading, however it couldn’t affect the main bullish track, depending on forming extra support level at 214.15 level.

Therefore, we will keep our main bullish scenario, to gather extra positive momentum, to ease the mission of reaching extra positive stations that might begin at 216.20 and 217.00.

The expected trading range for today is between 214.55 and 216.20

Trend forecast: Bullish