The price of (USDJPY) settled on a rise in its last intraday trading, in attempt to recover some of its previous losses, and offload some of its oversold conditions on the (RSI), to test the critical resistance at 1.1260, amid the domination of a bearish correctional wave on the short-term basis, and its trading alongside a bias line.

The CHFJPY confirmed its affection by the bullish bias domination by forming a new bullish rally and recording 175.65 level in yesterday's trading, the continuation of forming extra support at 174.00 level and providing positive momentum by the main indicators make us expect renewing the bullish attempts for the price, to attempt to reach 176.00 then targeting the next barrier near 176.75.

Noticing stochastic rally above 50 level, providing extra positive momentum for the price, to confirm its readiness to record the suggested positive targets.

The expected trading range for today is between 174.30 and 176.00

Trend forecast: Bullish

Natural gas prices succeeded to surpass the negative pressures, fluctuating above the moving average 55, which reinforces forming extra support at $3.560 level, noting that achieving the required breach at $3.780 level is important to confirm its move to a new positive station, to begin recording extra gains by its rally towards $3.910 and $4.050.

While the return to settle below $3.560 will confirm delaying the bullish attack, which forces it to suffer some losses by reaching $3.460 and $3.330. 

The expected trading range for today is between $3.560 and $3.910

Trend forecast: Bullish

The EURJPY pair provided a positive signal by its rally above the barrier at 163.25, to record some gains by hitting the 163.90 level, to provide sideways trading to gather the positive momentum again.

We will depend on forming a new support base at 162.65 level, note that the attempt of surpassing 50 level will increase the chances for forming bullish waves, to expect reaching 164.20, to repeat the pressure on the resistance at 164.90.

The expected trading range for today is between 163.00 and 164.20

Trend forecast: Bullish