The EURGBP price succeeded to regain the bullish bias by surpassing 0.8315 resistance line, forming many bullish waves to notice achieving big gains by settling near 0.8430 now.

We expect to form additional support at 0.8400, along with getting continuous positive momentum by the major indicators, to increase the chances of targeting 0.8460 level, while surpassing it will extend trades towards the second target at 0.8485.

The expected trading range for today is between 0.8410 and 0.8460

Trend forecast: Bullish

Natural gas price still lacks the positive momentum, as stochastic declines below 50 level, to continue forming mixed trades within the bullish channel by settling near 4.350$.

We assure the importance of holding above the additional support line at 4.180$ to reinforce the chances of gathering the positive momentum followed by starting to target the positive stations by rallying towards 4.650$ first, followed by reaching the next target at 4.770$.

The expected trading range for today is between 4.250$ and 4.650$

Trend forecast: Bullish

The EURJPY pair formed strong bullish rally yesterday, confirming its surrender to the domination of the bullish bias, to notice its fluctuation near the second target at 161.65, taking advantage of its stability above the MA55.

We expect to form additional support at 160.10, beside stochastic additional positive momentum, to continue forming the bullish waves and attempt to press on 162.40 resistance line, followed by monitoring its behavior due to the importance of this level to detect the next trend.

The expected trading range for today is between 160.80 and 162.40

Trend forecast: Bullish

The GBPJPY pair took advantage of the stability of 188.50 support line to activate the bullish track and start achieving many gains by rallying towards 191.70, to approach the target mentioned in our previous report.

We notice stochastic attempt to provide the additional positive momentum to increase the efficiency of the bullish track, to expect attacking 192.10 obstacle, while surpassing it might extend trades towards 50% Fibonacci correction level at 193.25.

The expected trading range for today is between 190.80 and 193.25

Trend forecast: Bullish