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Natural gas price recovers its losses– Forecast today – 21-5-2025
Natural gas price succeeded in surpassing the bearish bias domination by its rally above the barrier at $3.340, to notice forming a strong bullish rally, recovering the previously achieved losses due to its stability near $3.750.
By the above image, we notice the stability of the moving average 55 near $3.580 level, forming an extra support, to increase the chances for resuming the bullish attack, to expect reaching $3.950, then attempt to press on the next barrier at $4.150.
The expected trading range for today is between $3.650 and $3.950
Trend forecast: Bullish
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The GBPJPY is without any new– Forecast today – 21-5-2025
The GBPJPY pair remains affected by the contradiction between the main indicators, delaying the bullish rally, to continue providing sideways trading by its stability near 193.00, as the price remains stable above the main support at 191.20, so the bullish suggestion remains valid, to expect renewing the pressure on the obstacle at 194.60 in order to resume the bullish attack, and 195.30 level represents the next main target for the bullish trading.
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