Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Midday update for the GBPUSD 17-03-2022

Economies.com
2022-03-17 10:36AM UTC

The GBPUSD pair attempts to breach 1.3175 level now, which hints heading to activate the positive scenario in the upcoming sessions, but we still neutral until the price confirms the breach of breaking 1.3085 support followed by detecting the next destination clearly.

 

To review the details of the expected targets after the breach, please check our morning report.

 

The expected trading range for today is between 1.3070 support and 1.3240 resistance.

 

The expected trend for today: Depends on the above mentioned levels

Midday update for the EURUSD 17-03-2022

Economies.com
2022-03-17 10:35AM UTC

The EURUSD pair settles above 1.1000 level, to keep the bullish trend scenario active for today, which depends on the price stability above the mentioned level, reminding you that our main waited target reaches 1.1145.

 

The expected trading range for today is between 1.0960 support and 1.1120 resistance.

 

The expected trend for today: Bullish

The AUDCAD begins to rise – Analysis – 17-3-2022

Economies.com
2022-03-17 04:59AM UTC

The AUDCAD pair succeeded to consolidate above the main support 0.9165, to end the negative pressures’ effect and notice the beginning of forming bullish waves to settle near 0.9270.

 

Note that the fluctuation of the moving average 55 near the major support assists to confirm blocking trades within the bullish track, also, stochastic exit from the oversold areas will increase the chances of gathering the positive momentum to manage to continue the rise and target new positive stations that start at 0.9310 and 0.9365.

 

The expected trading range for today is between 0.9235 and 0.9310

 

The expected trend for today: Bullish

Natural gas price gathers its strengths – Analysis – 17-3-2022

Economies.com
2022-03-17 04:58AM UTC

Natural gas price repeated the fluctuation within the bullish channel, taking advantage of the moving average 55 forming additional support at 4.480, to start forming positive waves and settle near 4.760.

 

Therefore, we continue to suggest the bullish trend, to expect gathering the additional positive momentum and continue the rise to move towards 5.330 followed by reaching the next main target at 5.790.

 

The expected trading range for today is between 4.500 and 5.330

 

The expected trend for today: Bullish