The GBPUSD forecast update 28-01-2025
The GBPUSD price shows calm negative trades since morning and approaches 1.2415$ level, and as long as the price is above this level, our bullish overview will remain valid for today, supported by the EMA50 that carries the price from below, reminding you that we are waiting to visit 1.2609$ as a next main target.
The expected trading range for today is between 1.2375$ support and 1.2525$ resistance
Trend forecast: Bullish
The EURUSD price forecast update - 28-01-2025
The EURUSD price settles below 1.0455$ level, and didn’t show any strong move since morning, thus, no change to the expected bearish trend scenario for today, which depends on the price stability below the mentioned level, reminding you that our main waited target is located at 1.0325$.
The expected trading range for today is between 1.0350$ support and 1.0500$ resistance
Trend forecast: Bearish
The GBPCAD renews the positive action – Forecast today – 28-1-2025
The GBPCAD price succeeded to confirm the continuation of the positivity by consolidating within the bullish channel, to notice breaching 1.7810$ barrier and achieving many gains by rallying towards 1.7990.
The current negative rebound towards 1.7920 hints the attempt to gather the required additional positive momentum to resume the bullish attack, also, 1.7880 level attempt to form the additional support will reinforce the chances of forming bullish waves to target 1.8030 and 1.8080 levels.
The expected trading range for today is between 1.7880 and 1.8030
Trend forecast: Bullish
Natural gas price touches the additional target – Forecast today – 28-1-2025
Natural gas price resumed its negative attack yesterday to reach the additional target at 3.180$, to form key support against it and start providing sideways trades by fluctuating near 3.265$ now.
We notice stochastic attempt to exit the oversold areas to provide the chance to decrease the losses and form some bullish waves, to expect rallying upwards towards 4.440$ and 4.530$ levels, while breaking the current support and settling below it will confirm its preparation to resume the negative attack to suffer new losses by moving towards 3.050$ level first.
The expected trading range for today is between 3.180$ and 3.440$
Trend forecast: Bullish