The EURGBP formed a new bullish rally yesterday, breaching a clear breach to the barrier at 0.8530, announcing its surrender to the bullish bias dominance , to achieve some extra gains by reaching 0.8558.

The unionism of the main indicators by providing positive momentum, we expect resuming the bullish attack, to target 0.8600 level then attempts to press on the extra barrier at 0.8630, forming the next main target for the bullish trading.

The expected trading range for today is between 0.8530 and 0.8600

Trend forecast: Bullish

Natural gas price confirmed its surrender to the bullish track dominance by forming a strong bullish rally, approaching from the resistance at $3.900, the continuation of the positivity is caused by the stability of the moving average 55 near the extra support at $3.600 besides providing extra positive momentum by stochastic by reaching overbought level.

And that makes us wait for breaching the current resistance and providing a positive close above it, which increases the chances for recording new gains that might extend towards $4.050 and $4.150.

The expected trading range for today is between $3.7480 and $4.050

Trend forecast: Bullish

The EURJPY pair recorded some extra gains by hitting 167.60 level, which forces it to form a temporary correctional rebound, affected by a stochastic attempt to exit the overbought level, providing chances for catching its breath and gathering the gains by reaching 166.70.

The price keeps providing mixed trading, but its repeated stability within the bullish channel’s levels and forming extra support at 166.00 level, so these factors make us keep the main bullish suggestion, which might target 168.00 level in the near period trading reaching the resistance level at 168.90.

The expected trading range for today is between 165.95 and 167.45

Trend forecast: Fluctuated within the bullish track

The GBPJPY pair lost its positive momentum, affected by stochastic exit from the overbought that forces it to delay the bullish attack and motivate the attempts of gathering the gains by reaching 194.85.

Note that the stability of the trading within the minor bullish channel’s levels, and its support located near 194.40, which makes us keep the bullish suggestion, to wait for surpassing 195.70 level, then attempts to achieve new gains by targeting 197.45 level.

The expected trading range for today is between 194.65 and 196.80

Trend forecast: Bullish