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Natural gas price failed to surpass the barrier– Forecast today – 15-4-2025
Natural gas prices failed to resume the bullish attack yesterday by facing the barrier near $3.640, forcing it to provide new negative trading, suffering clear losses by its stability near $3.385 as appears in the above image.
Note that the main indicators unification by providing negative momentum by stochastic attempt to reach the oversold level might increase the negative pressures on the current trading, which forces it to suffer more of the losses by reaching $3.190, while activating the bullish track will remain valid depending on breaching the mentioned barrier.
The expected trading range for today is between $3.190 and $3.520
Trend forecast: Bearish
The EURJPY provides new negative close– Forecast today – 15-4-2025
The EURJPY pair kept its stability below the bearish channel’s resistance at 163.25, to confirm its surrender to the suggested bearish scenario by reaching 162.50, stochastic attempt to exit the overbought level will provide the required negative momentum to motivate the negative trading, which might target 161.30 level reaching the next target at 160.35 level.
MoreThe GBPJPY fluctuates below the resistance – Forecast today – 15-4-2025
No change for the GBPJPY pair’s track by its repeated stability below the resistance at 189.85, waiting for gathering negative momentum that allows it to activate the bearish attack by reaching below 38.2%Fibonacci correction level at 187.85, to repeat the pressure on the obstacle at 186.50.
MorePlatinum price is forced to fluctuate– Forecast today – 15-4-2025
Platinum price formed a new bullish rally achieving $958.00 level, then rebound directly to settle near the barrier at $950.00 level, affected by the continuation of the contradiction between the main indicators.
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