The EURUSD price trades with clear positivity to attack the bearish channel’s resistance line that appears on the chart and hints starting potential bullish correction, which urges caution from the upcoming trading, as continuing the rise and breaching 1.0580$ followed by 1.0600$ will confirm the continuation of the bullish bias and achieve gains that start at 1.0665$ and extend to 1.0715$, while the price needs to trade below 1.0550$ again to revive the negative scenario that its next main target located at 1.0400$.

The expected trading range for today is between 1.0460$ support and 1.0610$ resistance

Trend forecast: Bearish

The GBPCHF price kept its stability within the main bullish channel that its main support line located near 1.1195, to notice its consolidation near the MA55 now, represented by 1.1250 level.

We notice that stochastic starts to provide the positive momentum by settling above 20 level to reinforce the chances of forming new bullish rally to expect targeting 1.1320 level soon, while surpassing it will push the price towards 1.1375 as a next main station.

The expected trading range for today is between 1.1220 and 1.1320

Trend forecast: Bullish

Natural gas price repeated the negative closings below 3.030$ barrier, to force it to postpone the bullish attack and form correctional bearish trades by crawling below the additional support at 2.830$, to notice suffering some losses by reaching 2.720$.

Note that the continuous contradiction between the major indicators confirms surrendering to the domination of the sideways bias, besides the frequent stability above 2.650$ major support, to expect confining trades between this support line and 2.830$, to remain neutral until surpassing one of these levels in the near-term period to ease the mission of determining the next main trend.

The expected trading range for today is between 2.640$ and 3.830$

Trend forecast: Neutral

The EURJPY pair succeeded to achieve the target at 165.00, which continues to form solid obstacle against the attempt to resume the rise and notice forming negative rebound now to settle near 164.60.

We remind you that the bullish scenario depends on the frequent stability above the major support at 163.25, also, 164.00 level attempt to form the additional support reinforces the chances of forming bullish rally soon, to repeat the attempts to breach the obstacle and start targeting the additional stations by moving towards 165.30 and 165.80 levels.

The expected trading range for today is between 164.00 and 165.30

Trend forecast: Bullish