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The GBPUSD forecast update 15-07-2024

Economies.com
2024-07-15 09:31AM UTC

The GBPUSD price resumes its positive trading now, expecting to breach 1.3000$ to open the way to achieve new positive targets that reach 1.3140$ as a next main station, reminding you that the continuation of the bullish wave depends on the price stability above 1.2890$.

 

The expected trading range for today is between 1.2900$ support and 1.3060$ resistance.

 

Trend forecast: Bullish

The EURUSD price forecast update - 15-07-2024

Economies.com
2024-07-15 09:31AM UTC

The EURUSD price shows new positive trades to reach 1.0915$ level, waiting to breach this level to confirm extending the bullish wave towards 1.1000$.

 

In general, we will continue to suggest the bullish trend that gets continuous support by the EMA50 unless breaking 1.0840$ and holding below it.

 

The expected trading range for today is between 1.0820$ support and 1.0980$ resistance.

 

Trend forecast: Bullish

Read more: What is the future of the Euro? 

The CHFJPY fluctuates the negative closings – Forecast today – 15-7-2024

Economies.com
2024-07-15 05:26AM UTC

The CHFJPY price provided new negative close below 176.95 barrier, forming some negative waves by reaching 175.95 followed by forming some sideways trades in order to gather the required additional positive momentum to resume the decline on the near-term and medium term basis.

 

These factors allow us to keep our negative overview, waiting to target 175.80 level soon, followed by reaching the additional support at 175.45, to form the main target of the current trades.

 

The expected trading range for today is between 176.65 and 175.55

 

Trend forecast: Bearish

Natural gas price resumes the negative crawl – Forecast today – 15-7-2024

Economies.com
2024-07-15 05:26AM UTC

Natural gas price still surrendered to the negative pressures, to notice its recent stability below the MA55 that forms additional barrier at 3.170$, to resume the negative crawl and settle near 2.270$.

 

Note that facing continuous negative pressures allow us to keep the bearish overview for now, to expect suffering additional losses soon by moving towards 2.100$ followed by reaching the next additional support at 1.950$.

 

The expected trading range for today is between 2.460$ and 2.100$

 

Trend forecast: Bearish