Natural gas price reached 61.8%Fibonacci correction level at $3.020, bouncing directly towards $3.160, attempting to surpass the negative pressure and attempt to build bullish corrective track due to stochastic reach towards the oversold level.

To confirm the chances of activating the bullish attempts requires holding above %66.8 Fibonacci correction level at $2.850 level, providing a chance for pressing the barrier at $3.500, and surpassing it will provide a chance to record several gains by its rally towards $3.770 and $3.950.

The expected trading range for today is between $3.050 and $3.500

Trend forecast: Bullish

The EURJPY pair confirmed its surrender to the bearish corrective bias by reaching below 184.10 level, reaching the next target in the previous report at 183.40, to form a strong obstacle against the negative attempts.

The price is affected by sideways bias dominance due to its confinement between the barrier at 184.10 level, and forming a strong support base at 183.40 level, note that providing bullish momentum that might reinforce the chances of surpassing 184.10 level, to confirm its readiness to activate the bullish trend by its rally towards 184.85, while breaking the support will open the way for targeting new corrective stations that begin at 182.65.

The expected trading range for today is between 183.40 and 184.10

Trend forecast: Bullish

The GBPJPY pair faced strong bearish pressures yesterday, which forced it to break extra support at 212.55, to reach the main bullish channel’s support at 211.50, which forms a detecting key for the main trend in the upcoming trading.

The stability above the bullish channel’s support and stochastic attempt to provide bullish momentum that might help it to renew the bullish attempts that might target 212.35 and 212.70, while the decline below the current support and providing negative close will confirm its move to the negative track, to suffer big losses by reaching 211.05 and 210.60.

The expected trading range for today is between 211.40 and 212.70

Trend forecast: Bullish

Platinum price continued forming strong bullish waves yesterday, to record the suggested targets in the previous report by hitting $2435.00 level, but its neediness to bullish momentum that pushed it to form new corrective rebound to settle near $2330.00.

Reminding you that the bullish scenario will remain valid, depending on the continuation of forming extra support at $2235.00, therefore, we will keep waiting for the price success in gaining bullish momentum to pave the way to reach 2465.00 level to find a way to record new historical gains in the upcoming period.

The expected trading range for today is between $2280.00 and $ 2440.00

Trend forecast: Bullish