Gold price shows weak trades since morning, noticing that stochastic overlaps positively to motivate the price to achieve positive trades in the upcoming sessions, to keep the bullish trend scenario valid and active for today conditioned by the price stability above 2340.10$, reminding you that our next main target is located at 2400.00$, which breaching it represents the key to rally towards 2450.00$ as a next main station.

The expected trading range for today is between 2365.00$ support and 2400.00$ resistance.

Trend forecast: Bullish

The GBPUSD price continues the bullish rally to approach our waited target at 1.2890$, and the way seems open to breach this level and achieve additional gains that reach 1.3000$.

Therefore, we will continue to suggest the bullish trend for today unless breaking 1.2780$ and holding below it.

The expected trading range for today is between 1.2800$ support and 1.2950$ resistance.

Trend forecast: Bullish

The EURUSD price achieved initial breach to 1.0840$ level and closed the last four hours’ candlestick above it, reinforcing the expectations of continuing the bullish trend for the rest of the day, opening the way to head towards 1.0915$ that represents our next main target.

Holding above 1.0840$ now represents initial condition to the continuation of the expected rise, as breaking it might push the price to test the minor support base 1.0795$ initially before any new positive attempt.

The expected trading range for today is between 1.0760$ support and 1.0920$ resistance.

Trend forecast: Bullish

Read more: What is the future of the Euro? 

Natural gas price shows new negative trades to attempt to move away from the bearish trend line that appears on the chart, reinforcing the expectations of continuing the bearish trend, which its targets begin by breaking 2.225 to rally towards 2.100$ direct.

In general, we will continue to suggest the bearish trend for the upcoming period unless breaching 2.580$ and holding above it.

The expected trading range for today is between 2.200$ and 2.400$

Trend forecast: Bearish