The EURGBP keeps the negativity – Forecast today – 3-1-2025
The EURGBP price still stable within the main bearish channel, affected by the consolidation of the MA55 below the major resistance at 0.8370, in addition to 0.8330 level forming additional barrier against the current trades.
Also, stochastic consolidation below 50 level will increase the negative pressures on the price to keep waiting to form new negative waves and expect targeting 0.8255 followed by reaching 50% Fibonacci correction level at 0.8235.
The expected trading range for today is between 0.8255 and 0.8330
Trend forecast: Bearish
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
Natural gas price surrenders to stochastic negativity – Forecast today – 3-1-2025
Natural gas price faced clear negative pressures yesterday due to stochastic approach to 20 level, to notice attacking 3.570$ that forms the way to motivate the previously suggested correctional bearish track.
We recommend to wait to achieve the required break to confirm targeting the negative stations near 3.420$ and 3.310$ to manage to close the recent gap.
The expected trading range for today is between 3.420$ and 3.700$
Trend forecast: Bearish
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
The EURJPY resumes the decline – Forecast today – 3-1-2025
The EURJPY pair succeeded to crawling below the minor bullish channel’s support line at 162.20 to notice activating the negative attack and achieving the first target at 160.90.
Now, the consolidation of the MA55 near the broken support at 162.65 in addition to stochastic continuous attempt to provide the negative momentum allow us to suggest more negative attempts that might target 160.15 and 159.65 levels.
The expected trading range for today is between 160.15 and 162.15
Trend forecast: Bearish
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
The GBPJPY achieves the negative targets – Forecast today – 3-1-2025
The GBPJPY pair took advantage of stochastic negativity to form new bearish waves and notice crawling below the additional support 195.80 and achieving the previously suggested targets by touching 194.00, which forms 50% Fibonacci correction level as appears on the chart.
The price might form mixed trades due to the strength of 194.00 level, while the frequent negative stability below 195.80 and stochastic attempt to provide new negative momentum allow us to wait to break the current support and open the way to target new negative stations that might start at 193.45 and 192.70 levels.
The expected trading range for today is between 193.45 and 195.80
Trend forecast: Bearish
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.