The EURGBP activated the attempts of gathering some gains by forming bearish corrective rebound, targeting %1.809 Fibonacci extension level at 0.8765, forming an extra support against the bullish trading.

Stochastic stability above 20 level will increase the chances of gathering bullish momentum, to make us prefer the dominance of the bullish scenario by targeting 0.8810 level, then attempting to press on the barrier at 0.8835 to find an exit to record new gains in the upcoming period.

The expected trading range for today is between 0.8765 and 0.8835

Trend forecast: Bullish

Natural gas price continued providing weak trading by its fluctuated moves near $4.500 level, attempting to surpass stochastic negativity, which attempts to exit the overbought level, depending on the stability of the support at $4.200.

Gathering bullish momentum is important for renewing the pressure on the barrier at $4.750, and surpassing it will open the way for recording extra gains that might begin at $4.910 and $5.180.

The expected trading range for today is between $4.250 and $4.750

Trend forecast: Fluctuated

The EURJPY pair is forced to provide weak sideways trading, affected by the contradiction between the main indicators, keeping its stability near 180.80, reminding you that the negative stability below 181.75 barrier forms main factors to motivate the dominance of the bearish corrective trend, to expect the attempt of pressing on 179.40 level, where surpassing it will form next main target at 178.60 for the bearish trading.

While breaching the mentioned barrier and holding above it will increase the chances of resuming the main bullish trend, to expect recording extra gains by its rally towards 182.30 and 183.05.

The expected trading range for today is between 179.30 and 181.10

Trend forecast: Bearish

The GBPJPY pair is affected by the continuation of the main indicators contradiction, pushing it to delay the suggested bearish attack, noticing its rally towards 205.85, this rally will not confirm the continuation of the positivity due to the stability below 206.90 barrier, to expect forming mixed trading until gathering the negative momentum, then begin targeting corrective stations by reaching 204.45 and 203.75.

Holding above 206.00 level makes us remain neutral, waiting the daily close to detect the expected trend, while breaching the mentioned barrier will open the way for resuming the bullish attack, to expect forming next positive target for the bullish attempts at 207.60 level.

The expected trading range for today is between 204.45 and 206.20

Trend forecast: Bearish