GBPCHF Pair Price Analysis

Expected Scenario

• The GBPCHF pair still affected by the negative pressures represented by the stability of the major resistance 1.1433 in addition to the MA55 that forms additional barrier by fluctuating near 1.1365 recently, to notice suffering clear losses by touching 1.1170.
• Now, stochastic crawl below 50 level will increase the negative pressures and allow us to suggest more negative attempts to target 1.1150 followed by reaching the additional support 1.1070.

Expected Trading Range

Between 1.1310 and 1.1150.

Natural Gas Price Analysis

Expected Scenario

• Natural gas price faced strong positive pressures yesterday to manage to surpass 2.000$ barrier and press on the MA55 by reaching 2.090$ and holding near it, while the price needs new close above 2.000$ to manage to take advantage of the positive momentum coming by stochastic to confirm moving to the bullish track and start recording additional gains that might extend towards 2.240$ followed by 2.500$ on the medium term basis.

Expected Trading Range

Between 2.050$ and 2.250$.

EURJPY Pair Price Analysis

Expected Scenario

• No change to the EURJPY pair’s bullish track until this moment, as it provides frequent closings above the additional support 164.00, to notice providing new positive close near 165.00.
• Now, the major indicators provide the positive momentum to allow us to keep the bullish overview and expect surpassing 165.30 level soon, followed by pressing on 165.70 resistance line that forms the key to detect the next main trend.

Expected Trading Range

Between 164.60 and 165.70.