The GBPUSD price continues to decline to approach our first waited target at 1.2890$, and we suggest breaking this level to open the way to extend the bearish wave and achieve negative targets that extend to reach 1.2705$.

Therefore, our bearish overview will remain valid and active, reminding you that the continuation of the bearish wave conditioned the price stability below 1.2990$.

The expected trading range for today is between 1.2850$ support and 1.3000$ resistance.

Trend forecast: Bearish

The EURUSD price shows additional negative trades to start pressing on 1.0880$ level, reinforcing the expectations of continuing the correctional bearish trend in the upcoming sessions, paving the way to achieve additional negative targets that reach 1.0840$ followed by 1.0775$, to continue suggesting the bearish trend for today unless breaching 1.0920$ and holding above it.

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

Trend forecast: Bearish

The GBPCAD price confirmed its surrender to the domination of the bearish bias by providing frequent closings below 1.7825 resistance line, affected by stochastic negativity, to notice suffering clear losses by crawling towards 1.7720.

Stochastic attempt to exit the oversold areas might force the price to provide some sideways trades, while that won’t affect the main bearish track, to keep waiting to gather the negative momentum and ease the mission of crawling towards the first target at 1.7690, while breaking it will extend trades towards 1.7655 and 1.7610 direct.

The expected trading range for today is between 1.7770 and 1.7690

Trend forecast: Bearish

Natural gas price didn’t move since yesterday due to the lack of the negative momentum, to form new sideways fluctuation by settling near 2.100$

We remind you that the main stability below 2.300$ resistance line forms major factor to confirm the bearish scenario, to keep waiting to gather the negative momentum again followed by starting to target the negative stations at 1.950$ and 1.780$.

The expected trading range for today is between 2.150$ and 1.950$

Trend forecast: Bearish