Midday update for the GBPUSD 25-09-2023
The GBPUSD pair keeps declining to reach the threshold of the waited target at 1.2200, waiting for more of the bearish bias moves to surpass this level and head towards 1.2135 as a next main target.
therefore, we keep preferring the bearish trend for today, supported by the EMA0, reminding you that holding below 1.2310 is important for the continuation of the expected decline.
The expected trading range for today is between 1.2150 support and 1.2300 resistance.
The expected trend for today: Bearish
Midday update for the EURUSD 25-09-2023
The EURUSD pair begins attempts to break 1.0635 level now, reinforcing the expectations for the continuation of the bearish trend for the rest of the day, reminding you that we are waiting for visiting 1.0515 level as a next main target.
the technical indicators keep providing negative signals that support the continuation of the expected bearish trend, which will remain valid unless breaching 1.0680 level and holding above it.
The expected trading range for today is between 1.0560 support and 1.0700 resistance.
The expected trend for today: Bearish
Coffee price confirms the negativity – Analysis – 25-9-2023
Coffee price activated the negative attack after testing the resistance at 160.00, to reach 149.65 and approach from the extra support at 148.00.
The price needs a new negative momentum that allows it to break the current support, which supports the chances for resuming the negative attack, to expect targeting 141.80 level initially, then wait for targeting the next main target at 134.30.
The expected trading range for today is between 153.50 and 141.80
The expected trend for today: Bearish
Natural gas price confirms the positivity – Analysis – 25-9-2023
Natural gas price achieves positive gains in its last trading by reaching 2.930, accompanied with the main stability within the bullish track, which depends on the stability of the main support level at 2.470.
The unionism of the main indicators by the providing positive momentum will increase the chances for surpassing the obstacle at 3.100 top ease the mission of resuming the bullish attack, to wait for achieving extra gains that begin at 3.550 and 3.750.
The expected trading range for today is between 2.720 and 3.100
The expected trend for today: Bullish