The CADCHF ended the previously suggested bullish corrective rally by recording the target at 0.5775, forming a strong barrier to begin forming weak sideways trading by its stability near 0.5760.

While the continuation of the fluctuations below the current barrier that might push it to activate with the main indicators negativity, to begin forming bearish waves, to target 0.5685 and 0.5645 level, while breaching the barrier and holding above it will delay the negative attack, providing a chances for recovering more losses by its rally towards 0.5815 initially.

The expected trading range for today is between 0.5685 and 0.5780

Trend forecast: Bearish

Natural gas prices provided a new negative closure below $3.450 level, to form negative waves by reaching $3.105, approaching the previous initial negative target.

The price needs a new negative momentum, to ease the way to press on $2.850 level and breaking it will open the way for resuming the bearish trend, to expect reaching $3.620.

The expected trading range for today is between $2.850 and $3.300

Trend forecast: Bearish

No news for the EURJPY pair due to the continuation of the main indication contradiction, to keep providing mixed trading, fluctuating near 182.60 level, reminding you that the stability below 184.40 level might assist renewing the negative attempts by breaking 182.00 level, to target extra bearish stations by reaching 181.55 and 180.80.

While the price failure of the break might help it to form some bullish waves, to rally towards %50 Fibonacci correction level at 183.35, reaching the mentioned barrier, representing the key of detecting the main trend in the upcoming trading.

The expected trading range for today is between 182.00 and 183.00

Trend forecast: Fluctuating within the bearish track

The GBPJPY pair lost positive momentum, forcing it to provide mixed trading as we expected previously to reach 211.05. The current negativity is caused by stochastic exit from the oversold levels, but it will not affect the bullish trend, depending on forming additional support at 210.60 against the current trading.

We expect forming mixed trading to confirm the importance of gathering positive momentum, which allows it to renew the bullish attempts by its rally towards 211.75 and 212.10, while reaching below the previously mentioned support and providing a negative close will force it to suffer several losses that might begin at 210.00 and 209.60.

The expected trading range for today is between 210.70 and 212.10

Trend forecast: Fluctuating within the bullish trend.