The tight range dominates the major currencies’ pairs and commodities since morning, affected by the US holidays, to keep the morning suggested scenario valid without any change, and we recommend checking them to review the expected targets and trends for the upcoming period.

The CADJPY pair attempted to form some correctional bullish waves to test the broken bullish channel’s support line that forms solid resistance now at 109.45, allowing us to keep the previously suggested negative overview.

We expect to start forming new negative waves to attempt to press on 108.25 initially obstacle, while breaking it will extend trades towards 07.65 followed by reaching 23.6% Fibonacci correction level at 107.10.

The expected trading range for today is between 108.50 and 107.65

The expected trend for today: Bearish

Natural gas price continued to form clear positive crawl to notice approaching the second main target at 103.55, confirming its surrender to the domination of the bullish bias, as 2.900 level continues to form additional support, and stochastic provides the positive momentum, which will increase the chances of breaching 3.550 level and start recording additional gains that might extend towards 3.750 and 3.950.

The expected trading range for today is between 3.350 and 3.750

The expected trend for today: Bullish

The EURJPY pair ended the correctional bullish rebound by facing the minor bearish channel’s resistance at 158.10, to notice declining strongly towards 157.20 and press on the MA55.

The frequent stability below the mentioned resistance and stochastic attempt to provide the additional negative momentum allow us to wait to break 157.10 level and open the way to resume the negative attack that might target 156.55 and 156.20 levels initially.

The expected trading range for today is between 157.75 and 156.55

The expected trend for today: Bearish