The GBPUSD price settles below the bullish channel’s support line, thus, the bearish trend scenario will remain valid for today, supported by the negative pressure formed by the EMA50, which conditions the price stability below 1.3080$, reminding you that our next target is located at 1.3000$.

The expected trading range for today is between 1.2990$ support and 1.3145$ resistance.

Trend forecast: Bearish

The EURUSD price achieved initial break to 1.0940$ level and closed the last four hours’ candlestick below it, reinforcing the expectations of continuing the bearish trend for the rest of the day, opening the way to visit 1.0880$ as a next target, reminding you that we suggest achieving additional negative targets affected by the previously completed double top pattern, which might reach 1.0780$ areas.

Holding below 1.0940$ represents initial condition to the continuation of the expected decline, as breaching it might push the price to attempt to recover and achieve temporary gains and test 1.0990$ initially before any new attempt to decline.

The expected trading range for today is between 1.0860$ support and 1.1000$ resistance.

Trend forecast: Bearish

The EURNZD price touched 1.8078 level to repeat testing the major resistance that appears on the chart and bounced quickly towards 1.7960.

The frequent stability below the mentioned resistance will force the price to activate the negative attack again, to attempt to press on the initial support at 1.7805, while breaking it will extend losses towards 1.7725 direct, while succeeding to breach the resistance and holding above it will confirm moving to the bullish track, to start targeting new positive stations by reaching 1.8090 and 1.8215 levels.

The expected trading range for today is between 1.7805 and 1.7990

Trend forecast: Bearish

The lack of the positive momentum led natural gas price to form additional negative crawl by fluctuating below the additional support 2.680$, to notice suffering additional losses by reaching 1.648$.

Note that stochastic attempt to exit the oversold areas will confirm getting rid of the negative pressures, to attempt to hold above 2.610$ level and start forming bullish waves to target some positive stations by rallying towards 2.780$ and 2.830$.

The expected trading range for today is between 2.630$ and 2.780$

Trend forecast: Bullish