The GBPUSD price trades with clear positivity to move away from 1.2765$ level and reinforce the expectations of continuing the bullish trend for the rest of the day, and the way is open to achieve our new waited target at 1.2925$.

The EURUSD price rallies upwards strongly to succeed reaching our new waited target at 1.0715$, and the way seems open to surpass this level to achieve more bullish correction in the upcoming sessions.

Coffee price confirmed getting rid of the domination of the correctional bearish bias after touching 366.00 level, as the major indicators provided the positive momentum, to notice rallying above 382.50$ barrier recently and achieving some gains by reaching 400.70.

These factors allow us to continuing the bullish overview, to expect attacking 411.00 level soon, to form intraday obstacle against the bullish trades, while surpassing it will push the price to achieve additional gains by moving towards 422.00 followed by reaching the historical high at 440.45.

The expected trading range for today is between 392.00 and 411.00

Trend forecast: Bullish

Natural gas price formed many bullish waves, taking advantage of its consolidation within the minor bullish channel, to notice recording new positive target by reaching 4.560$ followed by forming intraday rebound towards 4.320$ in order to gather the positive momentum again.

We will depend on the stability of 3.980$ support line, noting that the positive momentum coming by the major indicators will support the chances of confirming breaching 4.500$ barrier followed by starting to target new positive stations by rallying towards 4.760$ followed by reaching the bullish channel’s resistance line at 4.960$.

The expected trading range for today is between 4.200$ and 4.760$

Trend forecast: Bullish