Natural gas price lost the positive momentum recently after stochastic declined below 50 level, to force it to form new sideways fluctuation by settling near 2.660 level, reminding you that the stability of 2.400 support line forms major factor to reinforce the chances of activating the bullish attack, to keep waiting to gather the positive momentum soon, followed by starting to target the positive stations that might start at 2.900 and 3.100.

The expected trading range for today is between 2.555 and 2.900

The expected trend for today: Bullish

The EURJPY pair succeeded to hold above the main bullish channel’s support line at 156.65 again, to notice achieving some gains by rallying towards 157.60, noting that stochastic continuous fluctuation below 50 level might force the price to provide intraday sideways trades until gathering the positive momentum to ease the mission of recording many gains by rallying towards 159.20, while surpassing this obstacle will push the price to 160.60 as a next main target.

On the other hand, surrendering to the negative pressures and crawling below the mentioned main support will cancel the positive overview and start suggesting the domination of the bearish bias, to expect targeting many negative stations that might start at 156.00 and 155.45.

The expected trading range for today is between 157.00 and 159.20

The expected trend for today: Bullish

The GBPJPY pair surrendered to stochastic negativity, to form new negative waves and threat the stability of the minor bullish channel’s support line at 182.75, while the upcoming scenario depends on the strength of the current support, expecting to renew the attempts to achieve many gains by rallying towards 184.20 and 185.30 levels.

On the other hand, facing continuous negative pressures might force it to break the current support, to hint its preparation to activate the correctional bearish track, to expect suffering clear losses by moving towards 181.80 and 180.55 levels.

The expected trading range for today is between 182.80 and 184.00

The expected trend for today: Bullish

Platinum price faced sudden negative pressures due to stochastic rally towards the overbought areas, to force it to postpone the negative attack and settle near 930.00, and the price might continue to form mixed trades, while its main stability below the key resistance 993.00 and 50% Fibonacci correction level forming strong barrier at 950.00 allow us to keep our negative overview that might target 880.00 followed by reaching the additional support 855.00.

The expected trading range for today is between 950.00 and 910.00

The expected trend for today: Bearish