Natural gas price began this morning with bullish price gap, approaching from the moving average of 55 at $3.210.

Reminding you that the bearish scenario will remain valid if the trading settles below the main resistance at $3.350 mainly, therefore, we will keep waiting for gathering the negative momentum, which allows it to renew the pressure on $3.050 level, attempting to resume the bearish attack by targeting $2.820 level.

The expected trading range for today is between $3.050 and $3.250

Trend forecast: Bearish

The EURJPY pair ended Friday’s trading by providing new positive close above the extra support at 175.20 level, facing the negative pressure and the continuation of the previously suggested bullish track.

By the above image, we notice reaching 176.35 level this morning, to approach from the previously waited target, to form new sideways fluctuation, to confirm gathering extra positive momentum, to ease the way for surpassing 176.45 level, opening the way for achieving extra gains by its rally towards 177.05 reaching 177.85 in the near-period trading.

The expected trading range for today is between 175.45 and 177.05

Trend forecast: Bullish

The GBPJPY pair is under strong bearish trading in Friday’s trading, suffering extra losses by its approach from the extra support at 200.45, forming quick bullish rebound, reaching 203.15 level, announcing its attempt to regain the bullish bias.

Note that the stability of the trading above 201.70 level is important to increase the chances of renewing the bullish attempts, repeating the pressure on 203.10 obstacle, and surpassing it will make it achieve extra gains by its rally towards 203.95, while the price return to settle below 201.70 will force it to form new bearish waves, waiting for attacking 200.45 level again.

The expected trading range for today is between 201.70 and 203.00

Trend forecast: Bullish

Platinum prices failed to settle for long time above $1695.00 level, forming sharp corrective decline, announcing the attempts of gathering the gains by reaching below extra support at$1605.00.

Note that the continuation of the price fluctuation below the broken support, by providing negative momentum by stochastic reach below 50 level, which will increase the efficiency of the bearish corrective track, to expect targeting 61.8%Fibonacci extension level at $1525.00, and surpassing it will form the next corrective target of the bearish trading at $1485.00 level

The expected trading range for today is between $1525.00 and $1610.00

Trend forecast: Bearish