The GBPUSD price is testing 1.2605$ resistance line now, noticing that the EMA50 forms negative pressure against the price to hinder the positive attempts, waiting to push the price to decline again in the upcoming sessions.

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The EURUSD price shows some slight bullish bias by today’s open, to head towards potential test to the key resistance 1.0455$, noticing that the EMA50 meets this level to add more strength to it, while stochastic loses the positive momentum clearly.

The AUDCAD price started to activate the previously waited negative track by crawling below 50% Fibonacci correction level at 0.9030 yesterday, surpassing the EMA50 to start targeting the negative stations by reaching 0.8970.

We notice stochastic attempt to crawl towards the oversold areas to increase the chances of gathering the negative momentum to ease the mission of targeting the target at 0.8940, while surpassing it will extend trades towards 0.8900 direct, to form the next main target for the current trades.

The expected trading range for today is between 0.8940 and 0.9010

Trend forecast: Bearish

Natural gas price failed to resume the bullish attack yesterday due to stochastic negative momentum signals, to form some negative waves by crawling below 4.020$ support line and settling below it.

The price might form more negative trades to test the additional support at 3.750$, while succeeding to jump above 4.030$ and providing positive close will reinforce the chances of renewing the bullish attempts to target 4.240$ initially, followed by reaching 4.500$.

The expected trading range for today is between 3.750$ and 4.050$

Trend forecast: Bullish