Gold price resumes its negative trading to move away from 1770.00 level, reinforcing the expectations of continuing the bearish trend for the rest of the day, supported by moving below the EMA50, and we believe that the way is open to visit our main waited target at 1734.00, reminding you that the continuation of the bearish wave requires holding below 1770.00.
The expected trading range for today is between 1745.00 support and 1780.00 resistance.
The expected trend for today: Bearish
The GBPUSD pair continues to fluctuate at the key support 1.3720 and keeps its stability above it until now, to keep the bullish trend scenario active for today, waiting to get positive motive that assist to push the price to head towards our next expected target at 1.3795, reminding you that it is important to hold above 1.3720 to continue the expected rise.
The expected trading range for today is between 1.3650 support and 1.3820 resistance.
The expected trend for today: Bullish
The EURUSD pair shows some bullish bias now to hint resuming the expected bullish trend for today, motivated by stochastic positivity, waiting for more rise to breach 1.1615 and open the way to head towards 1.1670 – 1.1760 levels as next main stations, to keep our bullish overview unless breaking 1.1545 – 1.1525 levels and holding below them.
The expected trading range for today is between 1.1530 support and 1.1680 resistance.
The expected trend for today: Bullish
Natural gas price started today by forming bearish gap to settle below the minor bullish channel’s support line at 5.420, to suffer some losses by touching 5.210.
We expect the continuation of fluctuation below the broken support and get negative momentum by stochastic, to resume the negative attempts and target 5.060 followed by reaching the first major support at 4.885.
The expected trading range for today is between 5.400 and 5.060
The expected trend for today: Bearish