The EURUSD price faces clear negative pressure now to reach the EMA55, and it might continue the decline to test the key support 1.1100$, and as we mentioned  in our recent reports, the price needs to hold above this support to keep the bullish trend active for the upcoming period, which its targets begin at 1.1200$ and extend to 1.1300$, noting that breaking the mentioned support will push the price to suffer more losses today to head towards 1.1040$ initially.

The expected trading range for today is between 1.1100$ support and 1.1255$ resistance.

Trend forecast: Bullish

The EURCHF price ended the correctional bullish rebound by facing solid barrier at 0.9500, to force it to provide some negative trades by targeting 0.9420 level recently and keep its consolidation within the main bearish channel that appears on the chart.

We notice the consolidation of the MA55 near the bearish channel’s resistance at 0.9530, to confirm confining trades within the negative track, thus, we will start suggesting the negative trades for the near-term and medium-term period, noting that the initial negative stations are located near 0.9380 and 0.9330.

The expected trading range for today is between 0.9380 and 0.9485

Trend forecast: Bearish

Natural gas price ended yesterday by breaching 2.690$ barrier, confirming its surrender to the domination of the main bullish bias and notice its approach to the next main target at 2.780$.

Now, the continuous positive momentum coming by the major indicators and forming continuous additional support at 2.610$ allow us to expect providing new bullish rally to move to new positive station by targeting 2.860$ level followed by reaching the next barrier at 2.970$.

The expected trading range for today is between 2.660$ and 2.860$

Trend forecast: Bullish

The EURJPY pair confirmed keeping the bullish track by breaching 161.60 barrier to open the way to record big gains by reaching 163.45, also, stochastic consolidates within the overbought areas to allow us to suggest more bullish attempts that might target 164.25 level soon, to form the next main target of the current trades.

The expected trading range for today is between 162.75 and 164.25

Trend forecast: Bullish