The EURGBP pair formed mixed trades recently to move towards the MA55 at 0.8775, while the temporary negativity is caused by the continuous contradiction between stochastic negativity against the stability of the MA55 above the bullish channel’s support line at 0.8745.

These factors in addition to the stability of the major support allow us to keep waiting to gather the positive momentum to manage to activate the bullish trades, to expect rallying towards 0.8840 first, followed by attempting to achieve more gains by reaching 0.8880 and 0.8920 levels.

The expected trading range for today is between 0.8755 and 0.8840

The expected trend for today: Bullish

Natural gas price started to get the additional negative momentum by stochastic attempt to crawl below 50 level, to agree the main negative stability within the bearish channel and settles near 2.250.

Also, the stability of the additional barrier at 2.650 allows us to keep the negative overview, reminding you that the initial negative targets are located near 2.000 followed by reaching 1.750.

The expected trading range for today is between 2.600 and 2.000

The expected trend for today: Bearish

The EURJPY pair kept its fluctuation below the moving average 55, which forms an extra barrier at 142.30, to increase the chances for gathering extra negative momentum to renew the waited negative attack.

we expect targeting extra support at 140.25, to confirm the importance of breaking this obstacle to open the way for reaching extra negative stations, which is located near 139.40 and 138.20.

The expected trading range for today is between 142.00 and 140.25

The expected trend for today: Bearish

The GBPJPY pair ended the bullish correctional rebound by its stability below the moving average 55, confirming the continuation of the domination of the bearish bias to settle near 160.80, the attempt of the main indicators to provide negative momentum will increase the efficiency of the bearish track, to keep our attempt to target 159.75 level, then repeats the pressure on the extra support at 158.60.

while surpassing the moving average 55 that is located at 162.20 and holding above it, so that will delay the negative attack temporarily, to expect targeting some extra correctional stations which might extend to 163.00 and 164.10. 

The expected trading range for today is between 162.00 and 159.75

The expected trend for today: Bearish