The coffee price achieves the initial target – Forecast today – 19-8-2025
AI Summary
- Coffee price has achieved the initial target of 347.00, with bullish waves continuing since breaching the barrier at 327.50
- Main indicators show positive momentum and extra support at 327.00 level, suggesting a bullish trend towards the next barrier at 356.80 level
- Expected trading range for today is between 334.50 and 356.00, with a bullish trend forecasted
The coffee price continued forming bullish waves since it confirmed breaching the barrier at 327.50, taking advantage of the main indicators’ positiveness, achieving more of the gains by hitting the initial extra target at 347.00.
Note that the unionism of the main indicators by providing positive momentum, and forming extra support at 327.00 level, these factors keep the bullish suggestion, which might target 356.00 level reaching the next barrier at 356.80 level.
The expected trading range for today is between 334.50 and 356.00
Trend forecast: Bullish
Natural gas price is waiting negative momentum– Forecast today – 19-8-2025
Natural gas prices need negative momentum by stochastic rally to 50 level, which forces it to delay resuming the negative attack and providing sideways trading by its stability near $2.900.
Reminding you that the bearish scenario will remain valid, depending on the stability of the resistance at $3.130, and gathering the negative momentum is important in the current period trading, reinforcing the chances for reaching negative stations that are located near $2.610 reaching the next support at $2.390.
The expected trading range for today is between $2.610 and $2.950
Trend forecast: Bearish
The EURJPY loses the bullish momentum– Forecast today – 19-8-2025
Despite the stability of the EURJPY pair within the bullish channel’s levels and its fluctuation above the extra support at 172.00, but we notice forming sideways fluctuation by its stability near 172.35 due to stochastic exit from the overbought level and providing negative momentum, to contradict with the suggested bullish scenario.
The stability of the price above the extra support will make it renew the bullish attempts, to target 173.20 and 173.55 level, while the decline below the support will force it to activate the bearish correctional track again, waiting for attacking 170.40 level, which represents the line of confirming the expected trend on the medium period trading.
The expected trading range for today is between 172.00 and 173.55
Trend forecast: Bullish
The GBPJPY settles below the resistance– Forecast today – 19-8-2025
The GBPJPY pair provided new bearish close by its stability below the resistance at 200.70, increasing the chances for renewing the bearish correctional attempts by reaching 199.50.
Stochastic attempts to provide negative momentum by its stability below 80 level might motivate the price to attack the support at 198.80, while breaking it will open the way for resuming the bearish attack, reaching 198.10 and 197.45.
The expected trading range for today is between 198.40 and 200.35
Trend forecast: Bearish