The GBPUSD price succeeded to touch our waited target at 1.2605$ and settles there, getting continuous positive support by the EMA50, which reinforces the chances of continuing trading inside the bullish channel that appears on the chart.

The EURUSD price crawls upwards to test 1.0500$ barrier, noticing that the price is moving within bullish channel that carries the correctional bullish wave, and by taking a deeper look at the chart, we find that the price is forming double bottom pattern that its signs appear on the chart.

The GBPCAD price ended the correctional bearish decline by providing positive close above the bullish channel’s support line at 1.7700, to notice forming many bullish waves and achieve some gains by touching 1.7860 level followed by fluctuating near the MA55 at 1.7800.

The main stability within the bullish channel and stochastic positive momentum signals will increase the chances of gaining the positive momentum, to keep our bullish overview that might target 1.7890 followed by reaching 1.7960.

The expected trading range for today is between 1.7780 and 1.7890

Trend forecast: Bullish

Natural gas price continued its bullish rally to record 3.800$ level yesterday, approaching the major resistance to push it to form temporary negative rebound by fluctuating near 3.710$.

Note that the continuous fluctuation below the current resistance and stochastic exit from the overbought areas might increase the negative pressures on the price, to expect crawling towards 3.620$ level soon, followed by attempting to test the additional support at 3.520$.

The expected trading range for today is between 3.620$ and 3.830$

Trend forecast: Bearish