|
Natural gas price hovers near the resistance– Forecast today – 4-11-2025
Natural gas prices continued forming strong bullish trading, to approach from the resistance with small margin, reaching $4.314 level.
Forming extra support level at $4.145 level and the continuation of providing positive momentum by the main indicators, makes us expect to renew the bullish attack by surpassing the current resistance and begin recording new gains by its rally towards $4.495 reaching $4.770 level in the medium period trading.
The expected trading range for today is between $4.160 and $4.490
Trend forecast: Bullish
The EURJPY fluctuates above the support– Forecast today – 4-11-2025
The EURJPY pair lost the positive momentum due to stochastic decline below 50 level, which forces it to delay the bullish rally and provide mixed sideways trading, fluctuating near 177.40.
MoreThe GBPJPY is without any new– Forecast today – 4-11-2025
The GBPJPY pair didn’t move anything since yesterday, forming sideways trading by its stability near 202.30, affected by the contradiction between the main indicators, while its positive stability above the initial main support at 200.45 and attempt to form extra support at 201.70 level, these factors makes us keep the bullish suggestion, which might target 203.95 level and surpassing it will make the price record extra gains that begin at 204.60.
MorePlatinum price surrenders to the contradiction between the main indicators– Forecast today – 4-11-2025
Platinum price faces difficulty to resume the bullish attempts, affected by the stability of the extra barrier at $1605.00 besides the contradiction between the main indicators, especially with stochastic reach below 50 level, to limit the trading between the current barrier and $1525.00 support.
More