The GBPUSD pair trades with clear positivity to breach 1.2610 level and approaches the next key resistance at 1.2645, to hint heading to activate the positive scenario for the rest of the day, noting that surpassing the last level will push the price to achieve additional gains that reach 1.2765.
Therefore, we expect to witness more rise in the upcoming sessions unless the price returned to trade below 1.2610.
The expected trading range for today is between 1.2530 support and 1.2700 resistance.
The expected trend for today: Bullish for the rest of the day
The EURUSD pair fluctuates around 1.0765 level and continues the attempts to breach, to keep our bullish overview that requires confirmed breach to this level to rally towards 1.0805 followed by 1.0860 levels as next positive stations, noting that stochastic negativity hinders the mission to rise.
On the other hand, we should note that the consolidation of 1.0765 level against the positive attempts will put the price under negative pressure that targets 1.0645 areas mainly.
The expected trading range for today is between 1.0700 support and 1.0850 resistance.
The expected trend for today: Bullish
Despite the CADJPY pair’s affect by the recent sideways track and settling near 109.75, providing frequent negative closings below the major resistance 110.30 confirms the continuation of the negativity for the upcoming trading.
Now, stochastic crawl below 80 will increase the chances of gathering the negative momentum, to increase the negative pressures in order to activate the negative attack, to expect reaching 108.90 followed by attempting to press on the MA55 at 108.25.
The expected trading range for today is between 109.90 and 108.90
The expected trend for today: Bearish
Natural gas price started to form new negative crawl to move away from 2.500 barrier and settle near 2.020, also, stochastic negative momentum will increase the negative pressures to ease the mission of reaching the negative stations at 1.850 and 1.560.
The expected trading range for today is between 2.150 and 1.850
The expected trend for today: Bearish