The GBPUSD price continued to decline yesterday to break 1.2605$ and close the daily candlestick below it, to start building bearish wave that we expect to target the bullish channel’s support line around 1.2440$ mainly, and it might extend to 1.2415$ before any new attempt to rise.

The EURUSD price faced clear negative pressure yesterday to confirm breaking 1.0455$ level and settle below it, which stops the correctional bullish scenario and push the price to return to the main bearish track again, to head towards achieving negative targets that start at 1.0325$ and extend to 1.0220$.

The GBPCHF price formed minor bullish channel recently to settle above it support line at 1.1290 now, noticing recording some gains by rallying towards 1.1350.

The frequent stability within the bullish channel and stochastic attempt to gather the positive momentum will increase the chances of recording additional gains, to expect rallying towards 1.1390 followed by starting to renew the pressure on 1.1425 barrier.

The expected trading range for today is between 1.1320 and 1.1390

Trend forecast: Bullish

Natural gas price touched 4.186$ level yesterday followed by surrendering to stochastic intraday negativity, to notice retesting 3.950$ support line and settling above it to confirm keeping the previously suggested bullish bias.

Now, stochastic attempt to gather the positive momentum will increase the chances of rallying towards 4.240$ to form the first target for the current trades, while surpassing it might extend trades towards 4.500$ recorded high direct.

The expected trading range for today is between 3.900$ and 4.240$

Trend forecast: Bullish