The GBPUSD pair settles near 1.2340 since morning, and stochastic keeps gaining the positive momentum, waiting for resuming the bullish wave that its next main target reaches 1.2590, taking into consideration that breaking 1.2250 will stop the positive scenario and pushes the price to turn lower.
The expected trading range for today is between 1.2260 support and 1.2440 resistance.
The expected trend for today: Bullish
The EURUSD pair shows positive trading to resume the expected bullish trend for today, supported by stochastic and the EMA50 positivity, waiting for visiting 1.0915 level as a next main target, reminding you that the continuation of the bullish wave depends on the stability above 1.0745 level.
The expected trading range for today is between 1.0740 support and 1.0900 resistance.
The expected trend for today: Bullish
The CADCHF pair ended the correctional bullish rebound by consolidating below 0.6990 level, to start reacting to the negativity of the major indicators by forming strong negative attack and settle near 0.6780.
Now, stochastic crawl towards the oversold areas increases the chances of gathering the additional negative momentum, to keep our negative overview until reaching the negative stations at 0.6730 and 0.6670.
The expected trading range for today is between 0.6825 and 0.6730
The expected trend for today: Bearish
Natural gas price provided new negative signal by crawling below 3.500 level, to confirm its preparation to resume the main bearish attack in the upcoming period, also, stochastic begins to provide the additional negative momentum to increase the chances of forming new bearish waves and wait to reach 3.120 followed by attempting to press on the bearish channel’s support line at 2.600.
The expected trading range for today is between 3.750 and 3.120
The expected trend for today: Bearish