Natural gas price began to activate with the negativity of the main indicators, forming slow gradual decline to settle near the initial negative target at $2.810.

Stochastic approach from 20 level will increase the chances for gathering extra negative momentum, to reinforce the chances of resuming the bearish scenario, to keep waiting for targeting the next support at $2.620, to monitor its behavior to confirm the expected targets in the upcoming trading.

The expected trading range for today is between $2.620 and $3.000

Trend forecast: Bearish

The EURJPY pair confirmed its surrender to the bearish bias dominance by its stability below 184.20 barrier, forming a sharp decline, achieving all the negative targets by reaching 182.60.

confirming the continuation of the negativity in the near and medium trading requires providing new negative close below 183.60 level, to activate with the main indicators negativity, to expect reaching 182.10, while regaining the bullish trend requires forming a strong bullish rally, to settle again above 184.20.

The expected trading range for today is between 182.20 and 183.60

Trend forecast: Bearish

The GBPJPY pair activated the negative scenario that comes from its fluctuation below the broken bullish channel’s support at 211.90 level, forming strong decline achieving the previous negative targets by reaching 210.20 level.

The contradiction between the main indicators might push the price to provide mixed trading, but its stability below 211.40 might help it to renew the negative attempts, to expect reaching 209.90 and 209.10.

The expected trading range for today is between 209.10 and 211.40

Trend forecast: Bearish

Platinum price reached $1958.00 level this morning, to face %100 Fibonacci extension level, to rebound quickly to the downside, holding below the minor bearish channel’s resistance at $1940.00, to confirm the continuation of the previously suggested bearish scenario.

The price needs a new negative momentum to ease the mission of forming bearish waves, to expect targeting $1835.00 level initially reaching the next target at $1745.00, while breaching the resistance and holding above it will open the way for recording several gains, to reach $2025 initially.

The expected trading range for today is between $1835.00 and $1940.00

Trend forecast: Bearish