The GBPUSD pair shows some slight bullish bias to approach 1.2440 level, waiting to breach this level to confirm extending the bullish wave towards 1.2595, to keep the positive scenario active unless breaking 1.2320 and holding below it.

The expected trading range for today is between 1.2320 support and 1.2485 resistance.

The expected trend for today: BullishMidday update for the GBPUSD 30-01-2023

The EURUSD pair resumes its positive trading to move away from the EMA50, reinforcing the expectations of continuing the bullish trend for the rest of the day, waiting to visit 1.1030 that represents our next main target, noting that the continuation of the bullish wave requires holding above 1.0845.

The expected trading range for today is between 1.0800 support and 1.0960 resistance.

The expected trend for today: Bullish

The CHFJPY pair ended the correctional bullish rebound by providing new negative close below 38.2% Fibonacci correction level, to form solid barrier at 142.30 and confirm the continuation of the negativity for the upcoming period, to notice its crawl towards 140.75.

Note that the major indicators agree to provide the negative momentum, to increase the efficiency of the bearish track, to keep waiting to crawl towards 139.40 and form the first negative target for the current trades, while breaking it might extend losses towards 138.10 in the medium term period.

The expected trading range for today is between 141.40 and 139.40

The expected trend for today: Bearish

No change to natural gas price bearish track that keeps moving within the bearish channel, in addition to the stability of 3.500 barrier, to increase the chances of resuming the negative attack in the near term and medium term period.

Gathering the additional negative momentum allows us to expect moving towards 2.600 soon, and breaking this obstacle will push the price to reach the bearish channel’s support line at 2.300.

The expected trading range for today is between 3.400 and 2.600

The expected trend for today: Bearish