Natural gas price remains affected by the dominance of the temporary sideways trend, due to the contradiction of the main indicators in the last period, however the stability below the barrier at $3.520 confirms its surrender to the bearish scenario, fluctuating below the moving average 55 by its stability near $3.250.

The price needs a new negative momentum to support attacking the barrier at $3.150, where surpassing it will open the way for targeting more negative stations by reaching $2.920 followed by the support at $2.620, while surpassing the mentioned barrier and holding above it will confirm its move to the bullish trend again, to expect recording several gains by its rally to $3.710.

The expected trading range for today is between $2.920 and $3.300

Trend forecast: Bearish

Despite forming mixed sideways trading, the EURJPY pair’s stability above the support level at 184.10 supports activating the previously suggested bullish trend, to settle near 185.35 level.

Note that providing positive momentum by the main indicators will reinforce the chances of attacking the barrier at 185.85, to confirm the importance of surpassing it to open the way for recording extra gains that might extend in the initial resistance at 186.20 and 186.60. 

The expected trading range for today is between 184.60 and 185.85

Trend forecast: Bullish

No change for GBPJPY pair’s track by providing repeated positive closes above 215.85 level, which represents a key extra support, forming some bullish waves by holding near 216.80.

The positive momentum makes us prefer surpassing the top at 217.15, to begin targeting new positive stations by its rally to 217.55 and 217.90, note that changing the trend and providing bearish corrective trading requires breaking the support at 214.50.

The expected trading range for today is between 215.80 and 217.55

Trend forecast: Bullish

Platinum price provided weak sideways trading in the last period, by its fluctuation near $1635.00 level, affected by the contradiction of the main indicators by providing positive momentum against the negative stability below $1745.00.

Reminding you that gathering negative momentum is important to ease the mission of breaking $1605.00 level, and holding below it to target the negative stations, which might begin at $1570.00 and $1510.00.

The expected trading range for today is between $1570.00 and $1680.00

Trend forecast: Bearish