The GBPUSD price shows new negative trades now, to support the continuation of the expected bearish trend for today, which targets visiting 1.3124$ initially, reminding you that breaking this level will push the price towards 1.3036$ as a next correctional target.

Holding below 1.3235$ is important to continue the expected decline, as breaching it will stop the bearish correction and push the price to rise again.

The expected trading range for today is between 1.3125$ support and 1.3275$ resistance.

Trend forecast: Bearish

The EURUSD price faces strong negative pressure now to attack the bullish channel’s support line and attempts to confirm breaking it, to hint heading to start bearish correction on the intraday basis, its first target located at 1.1040$.

Now, we prefer to stay aside until the price confirms its situation according to 1.1100$ level, noting that holding below it will activate the correctional bearish scenario that its targets extend to 1.0990$ areas after surpassing the first correctional target, while trading above it again will reactivate the bullish wave scenario that its targets begin at 1.1200$ and extend to 1.1300$.

The expected trading range for today is between 1.102$ support and 1.1160$ resistance.

Trend forecast: Neutral

The CADJPY price provided many positive closings above 50% Fibonacci correction level at 106.40 recently, attempting to get rid of the negative pressures and start activating the bullish track by settling near 107.50.

We notice stochastic rally above 50 level now to increase the chances of gathering the positive momentum, to allow us to suggest the bullish track that might target 108.30 followed by reaching 38.2% Fibonacci correction level at 109.40.

The expected trading range for today is between 106.90 and 108.30

Trend forecast: Bullish

Natural gas price confirmed its surrender to the domination of the bearish bias by forming new bearish channel recently, to depend on the stability of the major resistance at 2.285$ to activate the negative attack again.

We notice the consolidation of the MA55 near the major resistance now, to increase the negative pressures on the price and wait to target 1.950$ level soon, followed by reaching the first main target at 1.720$.

The expected trading range for today is between 1.950$ and 2.160$

Trend forecast: Bearish