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Natural gas price fluctuates below the barrier– Forecast today – 3-6-2025
Natural gas price took advantage of stochastic attempt to provide positive momentum, to notice surpassing $3.600 level, recording some of the gains by reaching $3.750, but the repeated stability below the barrier at $3.870 represents a main barrier against regaining the bullish bias, to expect forming mixed trading, and there is chance for the decline again below $3.600 level and targeting the negative stations near $3.450 and $3.320.
While facing new bullish pressure and breaching the mentioned barrier will confirm its readiness to form strong bullish waves, to expect achieving several gains by its rally towards $3.950 and $4.150.
The expected trading range for today is between $3.550 and 3.800
Trend forecast: Bearish
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The EURJPY awaits to confirm the break– Forecast today – 3-6-2025
The EURJPY pair remains stable until this moment near the extra support at 163.35 level, but stochastic is providing negative momentum that makes us confirm breaking this support, to begin forming bearish correctional, to target 162.40 level reaching the support near 161.85.
MoreThe GBPJPY crawls calmly– Forecast today – 3-6-2025
The GBPJPY pair formed more of the slow bearish waves, confirming their surrender to the suggested bearish scenario, by moving away from the barrier at 194.55 level, to repeat the pressure on the intraday obstacle at 192.90.
MorePlatinum price hits the initial target– Forecast today – 3-6-2025
Platinum price took advantage of the repeated stability above the extra support at $1042.00, to notice forming some bullish trading and recording the initial target by hitting $1071.00.
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