Natural gas price crawls upwards – Forecast today – 2-4-2024
Economies.com
2024-04-02 05:45AM UTC
Analysis of Natural Gas Price Movement
- Despite natural gas price frequent consolidation within the sideways track, and the continuous contradiction between the major indicators, rallying above 1.810$ level supports the chances of activating the bullish track again.
- Stochastic stability above 50 level allows us to expect starting to gather the positive momentum, to manage to renew the pressure on 2.000$ barrier, which surpassing it will confirm moving to the bullish track, to start targeting many positive stations that might start at 2.150$ and 2.250$.
Expected Trading Range for Today
- The expected trading range for today is between 1.750$ and 2.000$
Trend forecast: Bullish
The GBPJPY touches the first target – Forecast today – 2-4-2024
Economies.com
2024-04-02 05:44AM UTC
Analysis of GBPJPY Pair Movement
- The GBPJPY pair activated the correctional bearish attack recently due to the frequent stability below the additional barrier 192.40, to notice forming strong decline and settling near the first target at 190.15.
- We notice stochastic approach to 20 level to increase the negative pressures by providing the negative momentum, allowing us to keep the negative overview and wait to break 190.15 level to manage to reach the additional negative targets at 189.55 and 189.05.
Expected Trading Range for Today
- The expected trading range for today is between 190.65 and 189.55
Trend forecast: Bearish
The EURJPY activates the correctional decline – Forecast today – 2-4-2024
Economies.com
2024-04-02 05:39AM UTC
Analysis of EURJPY Pair Movement
- The EURJPY pair reacted to the negative factors represented by the frequent stability below 163.50 barrier in addition to stochastic negative momentum signals, to notice crawling below the MA55 and touching the first negative target at 162.65.
- The price has no escape from resuming the negative attack, to surrender to the mentioned negative pressures and expect targeting new negative stations that might start at 162.15 followed by reaching the next main target at 161.55.
Expected Trading Range for Today
- The expected trading range for today is between 163.20 and 162.15
Trend forecast: Bearish
Copper price keeps the positivity – Forecast today – 2-4-2024
Economies.com
2024-04-02 05:37AM UTC
Analysis of Copper Price Movement
- Copper price continued to form positive trades, taking advantage of the frequent stability above the additional support at 3.9500$, to confirm its surrender to the domination of the bullish bias and notice achieving some gains by settling near 4.0500$.
- The above chart shows the consolidation of the MA55 near the key support 3.8500$, to confirm confining trades within the bullish track, also, stochastic provides the positive momentum to increase the chances of surpassing the target at 4.1500$ and open the way to reach additional stations that might start at 3.3000$ and 3.4200$.
Expected Trading Range for Today
- The expected trading range for today is between 3.9800$ and 4.1500$
Trend forecast: Bullish
Frequently asked questions
What is the price of Natural Gas today?
The price of Natural Gas is $3.3140 (2025-07-11 21:35PM UTC)