The GBPUSD price didn’t show any strong move since morning, to remain stable below 1.2880$, thus, no change to the correctional bearish trend scenario, which depends on the price stability below the mentioned level and below 1.2945$, supported by the EMA50, reminding you that our next target reaches 1.2780$.

The expected trading range for today is between 1.2770$ support and 1.2910$ resistance.

Trend forecast: Bearish

The EURUSD price shows slight bullish bias to approach 1.0840$ level, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the expected bearish trend for today, which its targets begin by breaking 1.0806$ to open the way to head towards 1.0774$ followed by 1.0735$ levels, reminding you that the continuation of the bearish wave depends on the price stability below 1.0880$.

The expected trading range for today is between 1.0740$ support and 1.0890$ resistance.

Trend forecast: Bearish

Coffee price started to form some correctional bearish waves after touching 254.85, affected by its crawl below 147.45 barrier again, to notice suffering some losses by reaching 227.50.

Note that the main stability within the bullish channel and 219.80 level forming strong additional support allow us to wait to gather the positive momentum to manage to renew the bullish attempts and target 241.20 level, followed by attempting to breach the mentioned barrier in order to resume the bullish attack and reach the next main target at 260.60.

The expected trading range for today is between 224.60 and 241.20

Trend forecast: Bullish

Natural gas price succeeded to reach the first additional negative target at 2.020$, to form intraday obstacle against resuming the negative attack and fall under the effect of stochastic rally above 50 level, to notice rallying towards 2.080$ again.

The current positive rebound won’t affect the price’s bearish track due to its consolidation within the bearish channel, in addition to 2.150$ forming the additional barrier, thus, we will keep waiting to gather the negative momentum again to manage to renew the negative attempts and reach the additional stations at 1.950$ and 1.860$.

The expected trading range for today is between 2.100$ and 1.950$

Trend forecast: Bearish