Roblox Corporation's stock (RBLX) rose in the intraday levels, amid the dominance of the downward short-term trend, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.
Therefore we expect the stock to return lower, targeting the pivotal support of 25.46, provided the resistance of 32.52 holds on.
Expected trend for today: Bearish
The GBPCHF pair provided more negative closings within the bearish track, affected by the stability of 1.1590 resistance line, supported by the consolidation of the MA55 near it as appears on the chart, noticing the price recent crawl towards 1.1085 level, attempting to take advantage of the negative pressures to increase the chances of breaking the additional support near 1.1010 followed by starting to target the additional negative stations that might start at 1.0895 followed by reaching 1.0650.
In addition, 1.1280 level forms continuous barrier, and stochastic crawls towards the oversold areas, which support our bearish overview, to keep waiting to record the previously suggested negative targets.
The expected trading range for today is between 1.1200 and 1.1020
The expected trend for today: Bearish
Natural gas price lost the positive momentum recently after stochastic declined below 50 level, to force it to form new sideways fluctuation by settling near 2.660 level, reminding you that the stability of 2.400 support line forms major factor to reinforce the chances of activating the bullish attack, to keep waiting to gather the positive momentum soon, followed by starting to target the positive stations that might start at 2.900 and 3.100.
The expected trading range for today is between 2.555 and 2.900
The expected trend for today: Bullish
The EURJPY pair succeeded to hold above the main bullish channel’s support line at 156.65 again, to notice achieving some gains by rallying towards 157.60, noting that stochastic continuous fluctuation below 50 level might force the price to provide intraday sideways trades until gathering the positive momentum to ease the mission of recording many gains by rallying towards 159.20, while surpassing this obstacle will push the price to 160.60 as a next main target.
On the other hand, surrendering to the negative pressures and crawling below the mentioned main support will cancel the positive overview and start suggesting the domination of the bearish bias, to expect targeting many negative stations that might start at 156.00 and 155.45.
The expected trading range for today is between 157.00 and 159.20
The expected trend for today: Bullish