Natural gas price began forming bullish corrective waves, taking advantage of the stability above $2.620 support besides providing positive momentum by stochastic, to notice its rally towards $2.950.

The bullish corrective attempts might continue in the current period, to target $3.100 level, to press on $3.210 resistance, while activating the negative trend requires breaking the support at $2.620 and holding below it to push the price to suffer extra losses by reaching $2.390 and $2.250.

The expected trading range for today is between $2.700 and $3.100

Trend forecast: Bullish

The EURJPY pair formed more temporary positive trading, fluctuating near 185.50 level, which forms confirmation key for the main trend in the near and medium trading.

The stability below the current barrier will increase the chances of forming bearish corrective waves, to expect reaching 184.10 to press on the barrier near 183.50, while breaching the barrier and holding above it will open the way for recording new gains by its rally towards 186.00 and 186.60.

The expected trading range for today is between 184.10 and 185.60

Trend forecast: Bearish

The GBPJPY pair continued delaying the negative corrective attempts due to the positive momentum that comes from the main indicators, which forces it to form some bullish waves, approaching near 214.50.

The price might continue providing mixed trading, however the stability below the previously mentioned barrier will increase the efficiency of the bearish corrective trend, to expect targeting 213.30 level, attempting to reach 211.80, while surpassing the barrier and holding above it will support the chances of forming strong bullish waves, to target 215.25 and 216.05.

The expected trading range for today is between 212.80 and 214.50

Trend forecast: Bearish

Platinum price benefited by providing positive momentum by the main indicators, to notice surpassing $2080.00 barrier, to begin recording some gains by its rally towards 2145.00, achieving the previously suggested initial target.

The stability above the breached barrier will allow it to form more bullish waves, to keep waiting to reach $2195.00 level, and surpassing it might extend the trading towards 161.8% Fibonacci extension level near $2245.00, while the risk of changing the near and medium trading is represented by reaching below $1950.00 level and holding below it.

The expected trading range for today is between $2060.00 and $2195.00

Trend forecast: Bullish