Natural gas price activated with the negativity of the main indicators to break the neckline of the head and shoulders pattern at $3.050, to open the way for activating the suggested bearish track by its fluctuation near $2.950.

The continuation of providing negative momentum by the main indicators will reinforce the chances of confirming breaking the previously mentioned neckline, which makes us prefer targeting several negative stations that might begin at $2.710 reaching extra support at $2.390.

The expected trading range for today is between $2.710 and $3.050

Trend forecast: Bearish

The EURJPY pair was under strong bearish pressure that comes from stochastic reach to 20 level, which forces it to decline below the extra support at 170.45, announcing its surrender to the bearish correctional scenario, beginning to gather the gains by its stability near 170.00.

The continuation of the negative pressure will force it to suffer more of the losses, to expect forming initial negative target at 169.35 level reaching 168.45.

The expected trading range for today is between 168.45 and 170.70

Trend forecast: Bearish

The GBPJPY pair repeated its fluctuation below the barrier at 196.60 level, to activate stochastic negativity forming new bearish waves, to press on the moving average 55 at 195.35.

We expect forming some sideways trading, but its negative stability below 196.60 confirms its surrender to the negative scenario, which forces it to suffer extra losses by reaching 194.55 followed by 50%Fibonacci correction level near 194.10.

The expected trading range for today is between 194.10 and 196.00

Trend forecast: Bearish

Platinum price formed some bullish waves, to hit $1355.00 level, to bounce quickly to settle below the barrier at $1342.00 level, affected by stochastic negativity, which approaches from 50 level as appears in the above image.

The stability of this barrier will force the price to delay the bullish attempts, to increase the chances for forming new bearish correctional waves to target $1290.00 level reaching 38.2%Fibonacci correction level at $1255.00, while breaching it will open the way for activating the bullish attack to target $1366.00 level initially reaching the resistance at $1400.00.

The expected trading range for today is between $1290.00 and $1342.00

Trend forecast: Bearish