The GBPUSD pair settles around 1.2155 level since morning, and as long as the price is below 1.2210, the bearish trend scenario will remain valid and active for the upcoming period, supported by the negative pressure formed by the EMA50, reminding you that our waited targets begin at 1.2135 and extend to 1.2030 after surpassing the previous level.
The expected trading range for today is between 1.2050 support and 1.2200 resistance.
The expected trend for today: Bearish
The EURUSD pair crawls downwards calmly, waiting to get negative motive that assist to push the price to continue the decline and achieve our negative targets that start at 1.0515 and extend to 1.0440.
In general, the bearish trend scenario will remain valid and active for the upcoming period unless breaching 1.0635 and holding above it.
The expected trading range for today is between 1.0470 support and 1.0620 resistance.
The expected trend for today: Bearish
no escape for the AUDCAD from resuming the negative attack, due to its repeated stability within the bearish channel levels, besides forming extra barrier 0.8680 level, to notice its reach towards 0.8625 level now.
the continuation of providing negative momentum by stochastic attempts to reach the oversold level will increase the chances for forming new bearish waves, to expect targeting 0.8585 level reaching 0.8510 in the medium period trading.
The expected trading range for today is between 0.8660 and 0.8585
The expected trend for today: Bearish
Natural gas price continued to provide slow positive trading by its stability near 2.900 attempting to obstacle stochastic exit from the overbought level.
in general, we will keep our bullish expectation, depending on the stability of the main support at 2.450, besides the attempt of the moving average 55 to form a new support at 2.700, to wait for achieving extra gains by surpassing 3.100 level, and hitting the next main target at 3.550.
The expected trading range for today is between 2.720 and 3.100
The expected trend for today: Bullish