GBPUSD Price Analysis

Expected Scenario

• The GBPUSD price trades with clear negativity now to attempt to move away from 1.2700$ level, to support the continuation of the expected bearish trend for today, which gets good support by the EMA50, waiting to visit 1.2580$ as a next main target, noting that holding below 1.2700$ represent key condition to the continuation of the expected decline.

Expected Trading Range

Between 1.2610$ support and 1.2750$ resistance.

EURUSD Price Analysis

Expected Scenario

• The EURUSD price resumes its negative trading to move below 1.0720$ level, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, reminding you that our targets begin at 1.0675$ and extend to 1.0600$, reminding you that the continuation of the bearish wave depends on the price stability below 1.0795$.

Expected Trading Range

Between 1.0640$ support and 1.0780$ resistance.

EURCHF Price Analysis

Expected Scenario

• The EURCHF price ended the correctional bearish rebound by facing the additional support at 1.4685 to notice rallying above the MA55 in order to reinforce the positive stability for the upcoming trading.
• Also, stochastic exit from the oversold areas will increase the chances of gaining the positive momentum to start the bullish attempts that might target 1.4880 initially, while surpassing this obstacle will push the price towards 1.4880 as a next main target.

Expected Trading Range

Between 1.4700 support and 1.4800 resistance.

Natural Gas Price Analysis

Expected Scenario

• Natural gas price still stable below 2.870$ resistance until this moment, to confirm its surrender to the domination of the previously suggested bearish bias. Also, stochastic provides the negative momentum by settling within the oversold areas, increasing the chances of targeting the negative stations represented by 2.740$ followed by reaching the additional support at 2.550$.

Expected Trading Range

Between 2.880$ support and 2.740$ resistance.