The GBPUSD pair provided clear negative trades to support the continuation of the expected bearish trend scenario for the upcoming period, waiting for more decline to head towards 1.2400 followed by 1.2310 levels as next main targets.
The EMA50 continues to support the suggested bearish wave, which will remain valid conditioned by the price stability below 1.2505.
The expected trading range for today is between 1.2390 support and 1.2540 resistance.
The expected trend for today: Bearish
The EURUSD pair attempts to provide more negative trades, noticing that stochastic overlaps negatively now, to support the chances of continuing the expected bearish trend for today, which targets 1.0635 as a next main station.
Therefore, we will continue to suggest the bearish trend for the upcoming sessions conditioned by the price stability below 1.0785.
The expected trading range for today is between 1.0660 support and 1.0810 resistance.
The expected trend for today: Bearish
The EURCAD pair confirmed its surrender to the domination of the bearish bias by crawling below 1.4600 recently, hinting its preparation to resume the previously suggested negative attack, achieving 1.4510 level, also, stochastic crawl below 50 level will increase the chances of gathering the negative momentum, to continue suggesting the negative attempts that might target 1.4460 level soon, followed by repeating the pressure on the MA55 at 1.4370.
The expected trading range for today is between 1.4600 and 1.4460
The expected trend for today: Bearish
Natural gas price took advantage of stochastic positive rally to notice forming new bullish wave yesterday and surpass the MA55 to settle near 2.750.
We recommend to wait to surpass 2.800 obstacle to open the way to activate the previously suggested bullish attack, reminding you that the initial targets are located near 3.100 and 3.500.
The expected trading range for today is between 2.650 and 3.000
The expected trend for today: Bullish