Gold price faces solid resistance at 1863.80, to trade with clear negativity and heads towards potential test to the key support 1838.10, and as long as the price is above this level, our bullish overview will remain valid for today, and the price needs to surpass the mentioned resistance to get strong positive motive that assists to push the price to rally towards 1880.00 that represents our first positive target.
The expected trading range for today is between 1845.00 support and 1880.00 resistance.
The expected trend for today: Bullish
The GBPUSD pair settles at 1.3700 level, and the price needs to get a positive motive that assists to push trades to continue the main bullish trend, which its next target located at 1.3860, reminding you that it is important to hold above 1.3600 to continue the expected rise.
The expected trading range for today is between 1.3600 support and 1.3800 resistance.
The expected trend for today: Bullish
The EURUSD pair shows bearish bias now to approach testing the key support 1.2173, affected by stochastic negativity, and as we mentioned this morning, the price needs to hold above this level to keep the bullish trend active for today, as breaking it will press on the price to return to the correctional bearish track again, while our next positive targets located at 1.2300 and 1.2350.
The expected trading range for today is between 1.2150 support and 1.2300 resistance.
The expected trend for today: Bullish
Despite the negative rebound that natural gas price formed from 2.888 level yesterday, it will not affect its bullish track that depends on the stability of 2.550 support line, also, the fluctuation of the moving average 55 near the current support confirms blocking trades within the bullish track, to keep waiting to form new positive rally and manage to surpass 2.888 to reach the additional stations at 3.020 followed by 3.185.
The expected trading range for today is between 2.675 and 3.020
The expected trend for today: Bullish