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The EURGBP begins the negative correction– Forecast today – 3-11-2025
The EURGBP ended the last bullish rally by reaching 0.8817, keeping its stability below 0.8830 level, announcing its surrender to the bearish corrective trend dominance by reaching 0.8775.
The stability below the mentioned barrier and stochastic attempt to provide negative momentum by its exit from the overbought level will increase the chances of resuming the corrective attempts, reaching 0.8740 followed by the next target at 0.8720.
The expected trading range for today is between 0.8740 and 0.8800
Trend forecast: Bearish
Natural gas price approaches the target– Forecast today – 3-11-2025
Natural gas price approached its last bullish rally at $4.210, which forced it to form sideways trading, affected by stochastic exit from the overbought level, to settle near $4.110.
MoreThe EURJPY keeps trading positively– Forecast today – 3-11-2025
The EURJPY pair kept the suggested bullish scenario, despite its failure to surpass 178.80 level by providing repeated positive closes above 2.00%Fibonacci extension level at 177.05.
MoreThe GBPJPY keeps the bullish trend– Forecast today – 3-11-2025
Despite the weakness of the GBPJPY pair’s trading on Friday, the attempt of its stability above the extra support at 201.70 accompanied by our bullish expectation, fluctuating near 202.55 level.
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