Natural gas price began receiving bullish momentum due to stochastic rally above 50 level, which allows it to settle above the bullish channel’s support at $3.000 level, forming some bullish waves by its stability near $3.190.

Note that surpassing $3.520 is important to reinforce the dominance of the bullish trend, to open the way for recording several gains, which make $3.750 level forms the main initial target, while the price decline below the main support and providing negative close will confirm its move to bearish path, to expect suffering several losses by reaching $2.850 and $2.660 initially.

The expected trading range for today is between $3.050 and $3.450

Trend forecast: Bullish

No change for the EURJPY pair’s track until this moment, due to its positive stability above 180.80 support level, recording some gains by reaching 183.10.

Gathering bullish momentum is important for resuming the bullish trend, which might target %50 Fibonacci correction level initially, and surpassing it will reinforce the chances of its rally towards 184.05, to face %61.8 Fibonacci correction level.

The expected trading range for today is between 181.80 and 184.05

Trend forecast: Bullish

The GBPJPY pair couldn’t confirm the trend in Friday’s trading due to its fluctuation between the sideways range levels that are represented by 209.15 barrier, while 208.20 level keeps forming strong extra support against the current trading.

We recommend the neutrality and waiting to confirm surpassing one of these levels to detect the main trend, reminding you that confirming breaching the barrier will open the way for recording several gains that might begin at 210.65 and 211.70, while breaking the stability and holding below it will push the price to suffer several losses, reaching 207.05 initially.

The expected trading range for today is between 208.20 and 209.15

Trend forecast: Neutral

Platinum price took advantage by the positive factors that are represented by providing bullish momentum by the main indicators, besides forming extra support level at $2020.00, forming new bullish waves to settle near $2190.00.

We expect reaching $2245.00 barrier soon, and surpassing it will confirm its move to a new positive station, to reinforce the chances of recording extra gains that might begin at $2315.00 and $2425.00, while the failure to breach will reinforce the dominance of the sideways bias in the near-period, and there is chance to activate the bearish corrective track.

The expected trading range for today is between $2110.00 and $2245.00

Trend forecast: Bullish