The EURGBP lost its negative momentum in its last trading by stochastic rally above 50 level, which forces it to delay negative attacks and to provide sideways trading by its stability near 0.8675.

Reminding you that the stability below extra barrier at 0.8705, to confirm the stability of the previously suggested bearish scenario, confirming that gathering extra negative momentum is important to renew the pressure on 0.8650 barrier, where breaking it will ease the mission of reaching the negative stations near 0.8625 and 0.8605.

The expected trading range for today is between 0.8650 and 0.8685

Trend forecast: Bearish

Natural gas price confirmed the continuation of the bullish scenario by its stability above $3.020 support level, to notice resuming the bullish attempts by recording $3.720 level.

Providing new positive close above $3.490 level is important to reinforce the chances for forming new bullish waves, reaching $3.850 then attempts to press on the resistance near $4.150.

The expected trading range for today is between $3.450 and $3.850

Trend forecast: Bullish

The EURJPY pair settled above the moving average 55, which forms extra support at 183.65 level, to notice its rally strongly to surpass the initial target at 184.10, announcing the continuation of the previously suggested bullish scenario.

The price might face difficulty in surpassing the barrier at 184.55 level, to expect forming intraday sideways trading, to wait for gathering positive momentum to ease the mission of resuming the rise and reaching towards 184.85 and 185.20.

The expected trading range for today is between 183.90 and 184.85

Trend forecast: Bullish

The GBPJPY pair ended yesterday’s trading by providing positive close above 212.00 level, to settle above the bullish channel’s support, confirming its readiness to form strong bullish waves in the near and medium period.

Forming extra support by the moving average 55 fluctuation near 211.40, by stochastic attempt to reach overbought level, these factors support our bullish scenario, to keep waiting for targeting212.80 level and surpassing it will form the next main target of the bullish trading at 213.45 level.

The expected trading range for today is between 211.80 and 213.45

Trend forecast: Bullish