Natural gas price started to activate the bearish track after providing negative closings below 3.820$ resistance line to notice crawling towards the first negative target at 3.620$.

Now, stochastic exit from the overbought areas allows us to expect gathering the additional negative momentum to confirm its preparation to provide new bearish waves and target 3.520$ level, while regaining the bullish bias requires forming strong bullish rally and settle above the mentioned resistance.

The expected trading range for today is between 3.520$ and 3.690$

Trend forecast: Bearish

The EURJPY pair failed to confirm breaching 160.25 barrier to surrender to the major indicators’ negativity and start forming bearish waves to settle near 159.20.

Now, stochastic stability below 80 level allows us to expect facing new negative pressures to suffer more losses by crawling towards 158.60 and 157.90 levels, while succeeding to breach the barrier and holding above it will confirm regaining the bullish bias and start targeting the positive stations near 161.10 and 161.65 levels.

The expected trading range for today is between 158.60 and 160.00

Trend forecast: Bearish

The GBPJPY pair lost the positive momentum recently, repeating the negative closings below 193.30 barrier to notice forming some negative waves and settling near the additional support at 190.80.

Note that facing continuous negative pressures might force the price to break the current support and suffer additional losses by moving towards 190.20 followed by repeating the pressure on 61.8% Fibonacci correction level at 189.70.

The expected trading range for today is between 190.20 and 192.00

Trend forecast: Bearish

Platinum price lost the positive momentum on last Friday to provide mixed trades by approaching the minor bullish channel’s support line at 968.00$ followed by starting to form some bullish waves by rallying above 983.00$ again.

We assure the importance of gathering the additional positive momentum to reinforce the chances of activating the bullish rally and target many positive stations by rallying towards 1005.00 and 1018.00 levels, while facing new negative pressures and crawling below the current support will force it to suffer some losses by moving towards the MA55 near 958.00$.

The expected trading range for today is between 972.00$ and 1005.00$

Trend forecast: Bullish