Natural gas price confirmed its surrender to the suggested bearish correctional bias domination by reaching below $3.310 level, to notice its stability near the initial target at $3.210 level, note that the continuation of providing negative momentum by the main indicators will reinforce the chances for targeting the support at $3.050, then monitor the price behavior due to the importance of this support by confirming the main trend in the upcoming trading.

The expected trading range for today is between $3.050 and $3.300

Trend forecast: Bearish

The EURJPY pair didn’t settle above the bullish channel’s resistance at 171.85, due to its neediness to the positive momentum, which forces it to form a temporary rebound by targeting 171.20 level, then begin forming sideways trading attempting to gather the required positive momentum.

To recommend waiting for confirming breaching the current resistance, to reinforce the chances for forming a new bullish attack, to target the positive stations near 172.85 and 173.45, while the breach failure might force it to form a new correctional rebound, to suffer some losses by reaching 170.45 and 169.65.

The expected trading range for today is between 171.20 and 172.85

Trend forecast: Bullish

The GBPJPY pair reached 199.85 level in its last bullish rally, which forced it to form a bearish correctional rebound, to fluctuate below 66.8%Fibonacci correction level, affected by stochastic exit from the overbought level, forcing it to delay the positivity temporarily currently.

The main stability within the bullish channel’s levels in the above image makes us wait to gather the positive momentum, to expect the trading confinement between the current trading at 198.00 level, forming extra support while forming bullish waves might assist reaching 199.45 and 200.35.

The expected trading range for today is between 198.30 and 199.45

Trend forecast: Fluctuated within the bullish track

Platinum price attempted to face the negative pressures by providing repeated positive closes above 2.00%Fibonacci extended level at $1330.00 level, forming extra support against the bearish correctional attempts.

The stability of the extra support, we will begin preferring the bullish attempts that targets $1375.00, then attempt to press on the barrier near $1420.00, while breaking the current support will force it to suffer extra losses that might extend to $1315.00 and $1301,00.

The expected trading range for today is between $1330.00 and $1375.00

Trend forecast: Bullish