Natural gas prices repeatedly provided negative closes in the recent period below $3.450 level, activating with the main indicators negativity by reaching $2.820.
By the above image, we notice forming an extra resistance at $3.145 level, to support the chances of resuming the negative attack, to keep waiting for reaching $2.620 support level, which represents a confirmation key for the main trend in the upcoming period, breaking this support and holding below it will force the price to suffer extra losses that might extend in the initial period towards $2.385 and $2.250.
The expected trading range for today is between $2.620 and $3.100
Trend forecast: Bearish
No news for EURJPY pair until this moment, affected by the positivity of the main indicators, which forces it to delay the bearish attack and keep forming bullish corrective waves, to settle near 184.30.
Reminding you that the negative scenario will remain valid, depending on the stability of the initial resistance at 184.80, which makes us wait for gathering negative momentum to motivate it to target the negative stations by reaching 183.10 followed by 182.20.
The expected trading range for today is between 183.30 and 184.55
Trend forecast: Fluctuating within the bearish track
The GBPJPY pair remains affected by the main indicators positivity, to settle above 210.60 level and providing several bullish corrective waves, to settle near 211.40.
Reminding you that the stability below 213.30 resistance and the attempt of forming extra barrier at 211.85 level against the current trading makes us wait for gathering the negative momentum to begin negative attack, to press on 210.60 soon, and breaking it might extend the trading towards 209.60 and 209.10.
The expected trading range for today is between 209.60 and 211.80
Trend forecast: Bearish
Platinum price attempted to form several bullish waves in the previous period, moving away from the support at $1860.00, providing strong pressures on the moving average 55, which keeps forming a key barrier at $1980.00.
The positive attempts get advantage of the stability above the previously mentioned support, which makes us wait for breaching the moving average 55 and holding above it to pave the way for achieving extra gains that might begin at $2070.00 and $2130.00, while breaking the support will push the price to provide new bearish trading, to reach $1170.00.
The expected trading range for today is between $1905.00 and $2070.00
Trend forecast: Bullish