Natural gas price started to form new negative crawl, affected by the frequent stability within the bearish channel, in addition to 2.340$ level that keeps forming solid barrier against it, expecting to provide new pressures on the additional support at 2.140$, assuring the importance of breaking this obstacle to ease the mission of reaching the negative stations near 2.070$ and 1.950$.

The expected trading range for today is between 2.220$ and 2.070$

Trend forecast: Bearish

The EURJPY pair surrendered to the domination of the negative pressures caused by the frequent stability below 169.60 resistance line, in addition to the negative momentum coming by the major indicators, to notice crawling below 167.40 level yesterday and target additional negative stations by reaching 165.05.

Now, 166.40 level forms additional barrier, and stochastic heads towards the oversold areas, which confirm the continuation of the negativity for the near-term and medium term trades, to expect targeting 164.75 level, while breaking it will extend losses towards 164.05 to form the next main target for the negative trades.

The expected trading range for today is between 166.40 and 164.75

Trend forecast: Bearish

The GBPJPY pair confirmed its surrender to the domination of the bearish bias by forming new negative attack yesterday, to surpass the target at 197.70 and notice touching 196.25 level, followed by providing some sideways trades due to stochastic attempt to exit the oversold areas.

In general, we will keep suggesting the negative trades, depending on 197.70 level forming the additional barrier, to expect gathering the additional negative momentum soon and reach 195.45 level direct, to form the next main target for the negative trades.

The expected trading range for today is between 197.40 and 195.45

Trend forecast: Bearish

Platinum price kept its negative track by settling below 983.00$ barrier recently, to notice its fluctuation below 950.00$ additional support and touching 936.60$.

Note that the continuous negative momentum provided by the major indicators will increase the chances of attacking 930.00$ support line soon, which breaking it will confirm moving to new negative level to target new negative stations that start at 920.00$ and 908.00$.

The expected trading range for today is between 950.0$ and 920.00$

Trend forecast: Bearish