Natural gas prices began to activate with negative factors by their stability below the moving average 55, approaching the initial negative target at $2.920.
Providing main indicators and the stability of the extra barrier at $3.350 will increase the chances of resuming the negative trend, to expect reaching $2.830, to attempt to press on the support at $2.620.
The expected trading range for today is between $2.830 and $3,200
Trend forecast: Bearish
The EURJPY pair repeated providing negative closes below the barrier at 185.85, forcing it to delay the bullish trend, to activate the bearish corrective trend by reaching 184.75.
MoreThe GBPJPY pair approached the extra target at 218.10 by its last bullish rally, but its neediness to the bullish momentum by stochastic attempt to exit the overbought level that pushed it to form corrective rebound, to settle near 217.00.
MoreDespite the stability of Platinum price above the resistance of the minor bearish channel’s resistance at $1585.00, however it will not affect the bearish scenario due to the stability below the main barrier at $1745.00.
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