Natural gas prices were affected by the technical circumstances, forming a bullish rally and surpassing the moving average 55 at $3.600, achieving some gains by reaching 43.750 level.

Reminding you that regaining the bullish scenario requires forming a strong bullish rally, to breach the resistance at $3.900, to confirm its readiness to record new gains that might begin at $4.050 and $4.200, while the price return to fluctuate below $3.600 will cancel the positive chances, which forces it to renew the bearish attempts by reaching $3.450 initially.

The expected trading range for today is between $3.600 and $3.900

Trend forecast: Bullish

Despite the continuation of the main indicators in the last period, The EURJPY pair keeps providing strong pressures on the extra barrier at 166.45 level supports the chances for resuming achieving more of the gains in the near and medium period.

The main stability within the bullish channel’s levels, depending on forming extra support at 164.75 level, so these factors make us wait for confirming breaching the current barrier to open the way towards reaching 167.25 followed by the bullish channel’s resistance at 168.90

The expected trading range for today is between 165.80 and 167.25

Trend forecast: Bullish

The GBPJPY pair succeeded in facing the negative pressures and confirmed its stability within the minor bullish channel’s levels, to notice its rally to 196.00 this morning, which forces it to form a temporary negative rebound by its stability near 195.50.

 Confirming the importance of gathering the extra positive momentum, which allows it to confirm surpassing the barrier at 195.80, then begin recording new gains by its rally to 196.60 and 197.45.

The expected trading range for today is between 194.90 and 196.60

Trend forecast: Bullish

Platinum price activated the bearish correctional track in Friday’s trading after hitting the barrier at $1305.00, to gather some of the gains by reaching $1215.00 achieving the suggested initial target.

The continuation of the main indicators contradiction makes us keep preferring the correctional track, which might target $1185.00 and $1162.00 level, while renewing the bullish attempts requires providing positive closes above $1275.00 level, to increase the chances for reaching new bullish stations.

The expected trading range for today is between $1185.00 and $1260.00

Trend forecast: Bearish