The GBPUSD price attempts to break 1.2300$ level now, reinforcing the expectations of continuing the bearish trend for today, which its first main target located at 1.2210$.

We remind you that failing to break 1.2300$ will push the price to achieve new gains and visit 1.2440$ on the near-term basis.

The expected trading range for today is between 1.2230$ support and 1.2380$ resistance

Trend forecast: Bearish

The EURUSD price shows weak trades since morning, and attempts to crawl downwards calmly, to continue suggesting the bearish trend for today, which its first main target located at 1.0325$, reminding you that the continuation of the bearish wave depends on the price stability below 1.0455$.

The expected trading range for today is between 1.0325$ support and 1.0470$ resistance

Trend forecast: Bearish

Coffee price faced strong positive pressures recently after stochastic reached 80 level, to notice surpassing 335.00 level and recording additional gains by reaching 342.30.

We expect to resume the bullish attack and attempt to press on the historical high at 347.85, while surpassing it will push the price to record new historical highs by rallying towards 356.0 first, followed by reaching the next main target at 368.00.

The expected trading range for today is between 335.00 and 356.00

Trend forecast: Bullish

Natural gas price kept its stability within the bullish channel that its major support line located at 3.680$, to notice renewing the positive action by targeting 4.030$ barrier now, which formed the first target for the recent bullish overview.

Now, stochastic exit from the oversold areas will reinforce the chances of gathering the positive momentum to manage to surpass the current barrier and achieve additional gains by rallying towards 4.220$ followed by reaching the bullish channel’s resistance line at 4.420$.

The expected trading range for today is between 3.920$ and 4.220$

Trend forecast: Bullish