Natural gas price approaches from the initial target– Forecast today – 13-8-2025
AI Summary
- Natural gas price is approaching the initial main target of $2.720, with a bearish close below $3.050 level
- Main indicators suggest a continuation of negative momentum, potentially breaking $2.720 level and reaching new bearish stations at $2.550 and $2.390
- The expected trading range for today is between $2.550 and $2.950, with a bearish trend forecasted
Natural gas price confirmed its move to the negative track by providing new bearish close below $3.050 level, reaching $2.810 to approach from the initial main target at $2.720.
The continuation of providing negative momentum by the main indicators makes us expect to break $2.720 level, to open the way for targeting new bearish stations by reaching $2.550 followed by $2.550 reaching the main target at $2.390, which represents a strong support against the bearish attempts.
The expected trading range for today is between $2.550 and $ 2.950
Trend forecast: Bearish
The EURJPY keeps rising– Forecast today – 13-8-2025
The EURJPY pair confirmed the continuation of the bullish scenario by its move away from the obstacle at 172.00 level, forming a new bullish rally and its stability near 173.00, the continuation of providing positive momentum will ease the mission of attacking 173.45 level, confirming the importance of surpassing it to open the way for recording extra gains that might extend towards 174.15 reaching the main target at 175.15.
The expected trading range for today is between 172.35 and 173.45
Trend forecast: Bullish
The GBPJPY resumes the rise– Forecast today – 13-8-2025
The GBPJPY pair succeeded in settling above 66%Fibonacci correction level at 198.85, reinforcing the continuation of the positivity, to face 200.10 resistance, achieving the extra waited target in the previous report.
Note that monitoring the price behavior as there is a chance for forming mixed trading until breaching the current resistance, to settle within the bullish channel’s levels again, increasing the chances for achieving extra gains that might begin at 200.85 reaching 78.2%Fibonacci correction level at 202.00.
The expected trading range for today is between 199.25 and 200.40
Trend forecast: Sideways
Platinum price repeats the pressure on the barrier– Forecast today – 13-8-2025
No news for Platinum price in the last period by its sideways fluctuation between the initial support at $13.5.00 and $1342.00 level, which represents a key barrier against the attempts of activating the bullish track again.
We expect the continuation of the price affection by the sideways track until breaching the current barrier, which allows it to surpass the moving average 55, to begin recording several gains by its rally at $1375.00 and $1415.00.
The expected trading range for today is between $1315.00 and $ 1375.00
Trend forecast: Bullish