The GBPUSD price shows more bullish bias to approach our waited target at 1.2730$, and we need to monitor the price at this level, as breaching it will push the price to achieve additional gains that extend to 1.2800$ followed by 1.2866$ levels as next positive stations.

On the other hand, we should note that the consolidation of this level against the current bullish wave will push the price to rebound downwards and resume the bearish trend within the bearish channel that appears on the chart.

The expected trading range for today is between 1.2650$ support and 1.2795$ resistance

Trend forecast: Bullish

The EURUSD price begins today positively to attempt to breach 1.0563$ level, and by taking a deeper look at the chart, we find that the price completes forming inverted head and shoulders’ pattern that supports the chances of achieving more bullish correction in the upcoming period, to head towards achieving positive targets that start at 1.0634$ and extend to 1.0706$.

Therefore, we will continue to suggest the bullish trend on the intraday basis, taking into consideration that failing to confirm breaching 1.0563$ will put the price under negative pressure that targets visiting 1.0475$ before any new attempt to rise.

The expected trading range for today is between 1.0500$ support and 1.0655$ resistance

Trend forecast: Bullish

The CHFJPY price touched 38.2% Fibonacci correction level at 170.90 during the last negative attack, which forms solid support against the current trades, to form strong chance to stop losses and start the correctional bullish track again.

Stochastic reach towards the oversold areas confirms the beginning of getting rid of the negative pressures to keep waiting to gather the positive momentum soon and manage to start the bullish track to target 172.10 level first, followed by starting to press on 172.60 barrier.

The expected trading range for today is between 170.90 and 172.10

Trend forecast: Bullish

Natural gas price repeated the negative closings below 3.570$ resistance line, to responds to stochastic negativity by forming new bearish attack and crawl below 3.350$, to notice suffering some losses by settling at 3.180$ now.

Facing continuous negative pressures might force it to resume the correctional attempts that might target 2.970$ followed by 2.830$ levels soon.

The expected trading range for today is between 3.970$ and 3.380$

Trend forecast: Bearish