The EURGBP ended its last correctional trading by testing the support at 0.8630, then begin activating with the main indicators’ positivity, to notice surpassing the barrier at 0.8685, to begin recording new gains by reaching 0.8720.

The continuation of the positive momentum by stochastic fluctuation near 80 level will increase the efficiency of the bullish track, to expect targeting extra positive stations by its rally near 0.8750 and 0.8780.

The expected trading range for today is between 0.8690 and 0.8750

Trend forecast: Bullish

Natural gas price succeeded in gathering the negative momentum, which allows it to settle below the main resistance at $3.240, to notice forming bearish waves and holding near the initial target at $2.940.

The continuation of the negative pressure will provide strong chance for forming new bearish moves, to expect attacking the barrier of $2.820, then attempts to reach the support near $2.620, to form the main target of the near period trading.

The expected trading range for today is between $2.820 and $3.000

Trend forecast: Bearish

The EURJPY pair formed new bullish rally, to record the initial extra target at 174.25, then bounced quickly to retest the breached barrier, which represents a new support at 173.40.

The suggested scenario depends on the stability of the current support, as the price stability makes us expect renewing the bullish attempts to target new positive stations that begin at 175.20, while facing negative pressures and reaching below this support will increase the chances for activating the bearish correctional track again, which forces it to suffer some losses by reaching 172.80, followed by the support of the bullish channel at 171.15.

The expected trading range for today is between 173.40 and 175.20

Trend forecast: Bullish

The GBPJPY pair attempted to regain its bullish momentum by its rally above 200.45, to record some gains by hitting 201.20 level, but its decline again below the barrier and providing new negative close supports the dominance of the bearish correctional bias, to notice its stability near 199.55.

The stability below the barrier and stochastic attempt to provide negative momentum might increase the chances for suffering extra losses, to expect reaching 198.60, then attempts to press on the extra support at 197.80.

The expected trading range for today is between 198.60 and 200.40

Trend forecast: Bearish