Transparent weekly trading results from BestTradingSignal across gold trading signals, forex signals and index signals.
During the latest trading week, BestTradingSignal delivered a total of 3,325 pips with approximately 95% accuracy across key instruments including Gold (XAUUSD), Bitcoin (BTC), DAX, USOIL, NASDAQ and GBPUSD.
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GBPCHF surrendered to settle at 1.0675 barrier, to begin forming bearish trading approaching from the initial main target at 1.0610, forcing it to provide sideways trading by its fluctuation near 1.0635.
Note that providing negative momentum by stochastic attempt to exit the overbought level and holding below the mentioned barrier, these factors support the continuation of the negativity to expect reaching below 1.0610 then targeting new negative stations that might begin at 1.0560 and 1.0525.
The expected trading range for today is between 1.0560 and 1.0650
Trend forecast: Bearish
Natural gas prices succeeded in resuming the bullish attack by its rally above the barrier at $4.750, confirming their readiness to provide new bullish trading in the near and medium period.
The continuation of providing support by the main indicators will ease the mission of surpassing the initial target at $4.910, waiting for reaching the next stations at $5.180, while holding below $4.750 might force it to provide mixed sideways trading before reaching the previously suggested positive stations.
The expected trading range for today is between $4.650 and $5.180
Trend forecast: Bullish
The EURJPY pair ended Friday’s trading by providing new negative close below 181.75, which forces it to delay the bullish rally and form corrective waves by reaching 180.20.
Note that the stability below the barrier and providing negative momentum by stochastic approach from 50 level, these factors will support the dominance of the corrective bias, to expect targeting 179.90 level, then attempts to press on the extra support at 179.40, forming a confirmation key for the expected trend in the upcoming trading.
The expected trading range for today is between 179.40 and 181.00
Trend forecast: Bearish