Natural gas price surrendered to negative pressures due to the stability of stochastic within the oversold level, reaching the initial main target at 3.165, to form sideways trading by its fluctuating near $3.245.

We expect reaching $2.840 to face %66.8 Fibonacci corrective level, and its stability might provide a chance for stopping the bearish moves and begin forming bullish base to reinforce the chances for building a new bullish trend in the near and medium period, while the decline below $2.840 and providing a negative close will force it to suffer extra losses by reaching $2.650 and $2.355.

The expected trading range for today is between $2.850 and $3.350

Trend forecast: Bearish

The EURJPY pair confirmed the continuation of the bullish scenario by achieving clear breach to 183.50 level, to form strong bullish rally and recording initial target by reaching 184.30 level.

Providing bullish momentum by the main indicators makes us expect forming bullish waves to attempt to reach 184.85, and surpassing this barrier will form next main target at 185.40 level in the current period trading.

The expected trading range for today is between 183.80 and 184.85

Trend forecast: Bullish

The GBPJPY pair faced temporary negative pressure in Friday, to keep its stability above the minor bullish channel’s support at 21.75 level, forming new bullish waves, to settle above 211.30 barrier, to record new gains by reaching 212.30.

We notice stochastic attempt to provide bullish momentum, to increase the efficiency of the bullish scenario makes us prefer targeting extra stations that might begin at 212.70 and 213.40.

The expected trading range for today is between 211.50 and 212.70

Trend forecast: Bullish

Platinum price leaned in its last trading above %2.0 Fibonacci extension level at $2230.00, to form strong bullish rally this morning to surpass the barrier at $2320, recording some gains by hitting $2375.00 level.

Despite the continuation of the main indicators’ contradiction, the stability above $2320.00 will provide a chance for resume the bullish attempts, to expect targeting $2415.00, to repeat the pressure on the resistance at $2467.00.

The expected trading range for today is between $2265.00 and $2415.00

Trend forecast: Bullish