|
Natural gas price holds on its positive outlook– Forecast today – 28-10-2026
Despite the lack of positive momentum and the recent sideways trading around $3.050, natural gas price continues to hold above the pivotal support level at $2.620. This repeated stability represents a key factor in confirming the dominance of the bullish trend in upcoming trading.
The Stochastic indicator is currently attempting to provide positive momentum, which would strengthen the bullish trend. We therefore expect the price to soon challenge the 55-period moving average around $3.250. A successful breakout above this level would open the way for further gains, extending toward $3.420 and then the next resistance barrier around $3.550.
The expected trading range for today is between $2.920 and $3.250.
Trend forecast: Bullish
Thanks for your feedback.
The EURJPY is under negative pressure– Forecast today – 28-10-2026
Despite the pair’s price repeatedly holding above the support level at 174.90, the prevailing negative factors, including the continued formation of additional resistance at 177.80 and the main indicators providing negative momentum, increase the chances of renewed bearish attempts, with the price currently trading around 175.60.
MoreThe GBPJPY keeps its bearish trend– Forecast today – 28-10-2026
The pair’s price has maintained its bearish trajectory in recent trading, moving away from the resistance level at 212.00 under the influence of negative signals from the main indicators. The continued formation of an additional barrier at 210.50 has prompted further bearish waves, with the price currently stabilizing around 209.90.
MorePlatinum price holds above support– Forecast today – 28-10-2026
Platinum price was forced to incur further losses during yesterday’s trading, touching $1488.00 due to the negative signals from the Stochastic indicator. However, its current rebound above the support level at $1505.00 supports the chances of activating the previously suggested bullish corrective trend, with the price now trading around $1530.00.
More