Midday update for the GBPUSD 21-10-2021
The GBPUSD pair made new test to 1.3795 and keeps its stability above it until now, to keep the positive scenario active for today, which targets 1.3910 mainly, noting that breaking 1.3795 will put the price under negative pressure that targets testing 1.3720 areas before any new attempt to rise.
The expected trading range for today is between 1.3760 support and 1.3910 resistance.
The expected trend for today: Bullish
Midday update for the AUDUSD 21-10-2021
The AUDUSD pair faces clear negative pressure to retest the key support base at 0.7475, and as long as the price is above this level, our bullish overview will remain valid for today, supported by stochastic approach from the oversold areas, reminding you that our next target extends to 0.7615.
The expected trading range for today is between 0.7500 support and 0.7600 resistance
The expected trend for today: Bullish
Midday update for the EURUSD 21-10-2021
The EURUSD pair faces solid resistance at 1.1670, to rebound bearishly again and head towards potential test to 1.1615 level, affected by stochastic negativity, and as long as the price is above the last level, our bullish overview will remain valid for today supported by the EMA50, reminding you that our next main target extends to 1.1760.
The expected trading range for today is between 1.1600 support and 1.1750 resistance.
The expected trend for today: Bullish
Natural gas price forms new bullish wave – Analysis – 21-10-2021
Natural gas price took advantage of the support line stability at 4.880 to notice the beginning of forming bullish waves, to achieve the previously suggested target at 5.140, while stochastic attempt to crawl towards the overbought areas will increase the chances of gathering the positive momentum, to manage to resume the bullish attempts until reaching 5.385, to press on the moving average 55.
The expected trading range for today is between 4.950 and 5.385
The expected trend for today: Bullish