The GBPUSD pair crawls upwards and attempts to approach our waited target at 1.2590, reminding you that the positive pattern supports the chances of surpassing this level to pave the way to achieve additional gains that reach 1.2720.
In general, the bullish trend scenario will remain valid for the upcoming period unless breaking 1.2460 and 1.2430 levels and holding below them.
The expected trading range for today is between 1.2480 support and 1.2620 resistance.
The expected trend for today: Bullish
The EURUSD pair hovers around 1.0960 level since morning, waiting to breach it and confirm the continuation of the bullish wave in the upcoming sessions, which its next target reaches 1.1080.
We remind you that the consolidation of 1.0960 level against the positive attempts will stop the bullish trend scenario and force the price to decline towards 1.0860 mainly.
The expected trading range for today is between 1.0900 support and 1.1050 resistance.
The expected trend for today: Bullish
The AUDCAD pair formed strong bullish rally recently due to its consolidation within the bullish channel, to surpass 0.8975 obstacle and notice achieving new gains by reaching 0.9028.
We notice stochastic continuous fluctuation within the overbought areas, to increase the chances of gathering the required additional positive momentum to achieve new gains that might extend towards 0.9045 soon, followed by reaching the bullish channel’s resistance at 0.9065.
The expected trading range for today is between 0.8990 and 0.9045
The expected trend for today: Bullish
Natural gas price provided new negative close below the neckline of the head and shoulders’ pattern at 3.050, to confirm surrendering to the domination of the previously suggested bearish bias, also, stochastic crawl towards the oversold areas will increase the negative pressures to keep our expectations to target 2.7500 support line soon, while breaking it will confirm moving to the next negative station to target 2.550 direct.
The expected trading range for today is between 3.050 and 2.750
The expected trend for today: Bearish