Natural gas price continued forming negative momentum in the last period, affected by the negative pressure, approaching $2.620 support level, which formed the suggested target in the previous report.

Noting that breaking this support and holding below it will confirm its move to a new negative phase, to expect suffering extra losses by targeting $2.390 and $2.250 level.

The expected trading range for today is between $2.390 and $2.820

Trend forecast: Bearish

The EURJPY pair stepped above the barrier of 215.45 level, announcing its move to the bullish trend, to record several gains by reaching 186.20.

Forming extra support at 184.80 level, noting that the continuation of providing positive momentum by the main indicators will provide strong chance for recording more gains, to reach 186.60, and surpassing it might extend the trading towards the next main target near 18.35.

The expected trading range for today is between 185.40 and 186.60

Trend forecast: Bullish

The GBPJPY pair is under strong positive pressures, pushing it to surpass the resistance at 213.30, to settle above it to confirm regaining the bullish bias by its stability within the minor bullish channel’s levels, recording 213.85 level.

The continuation of providing positive closes above 213.30 level will allow it to take advantage from the main indicators, to begin targeting new positive stations that might begin at 214.10 and 215.00, while the return to settle below 213.30 will force it to activate the bearish corrective scenario again, forming the initial negative targets at 211.90 level.

The expected trading range for today is between 213.30 and 215.00

Trend forecast: Bullish

Platinum price approached by its last rally from $2130.00, forming an intraday barrier against the bullish rally, rebounding negatively and its stability near $2065.00, increasing the chances of gathering the positive momentum gain.

The stability above $1950.00 support, by the attempt of providing positive momentum by the main indicators will increase the chances of surpassing $2130.00 level, to begin targeting new positive stations that might begin at $2205.00 and $2205.00.

The expected trading range for today is between $2010.00 and $2205.00

Trend forecast: Bullish