Natural gas price continued forming negative trading, reaching below $3.940 to confirm moving towards the previously suggested negative track, noting that the contradiction between the main indicators might force the price to provide new mixed trading until reaching the negative target at $3.520.
While the return to the bullish trend requires forming a bullish rally to settle above $4.200 level, then begin recording some gains by its rally to $4.480 and $4.750.
The expected trading range for today is between $3.520 and $4.100
Trend forecast: Bearish
The EURJPY pair began with clear negativity this morning, by forming a new corrective decline by targeting 183.75 level, due to providing negative momentum by stochastic by reaching below 50 level, besides forming extra barrier at 184.40 level.
MoreThe GBPJPY pair continued providing negative closes below 211.30 level, to confirm its surrender to the previously suggested bearish corrective bias dominance, reaching 210.40 taking advantage of stochastic exit from the overbought level.
MorePlatinum price began forming bearish corrective waves since morning, affected by the stability of the barrier at $2460.00, to begin gathering some gains by reaching $2235.00.
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