|
Natural gas price is approaching support level– Forecast today – 29-7-2026
Natural gas price activated the previously suggested negative attack, approaching the support at $2.620, which formed the initial main target in the bearish scenario, note that the continuation of providing negative momentum that might push the price to break the current support, to reinforce the chances of reaching extra negative stations that might begin at $2.510 reaching $2.280.
While the stability above the support and providing several positive closes might motivate the bullish corrective trend, to expect targeting $2.950 level.
The expected trading range for today is between $2.510 and $2.800
Trend forecast: Bearish
The EURJPY is waiting for achieving the breach– Forecast today – 29-7-2026
The EURJPY pair renewed the bullish attempts yesterday, facing 186.65 barrier, which formed a strong obstacle against the attempts of resuming the bullish trend.
MoreThe GBPJPY fluctuates within the bullish trend– Forecast today – 29-7-2026
The GBPJPY pair’s neediness to the bullish momentum led it to form more bearish corrective waves, to notice its stability near the moving average 55 at 217.35, note that this rebound will not affect the main bullish scenario, which depends on the stability of the support level at 216.35, the stability above it confirms the continuation of the positivity, which might target the barrier at 218.65 and surpassing it will extend the trading towards 219.40 and 220.00.
MorePlatinum price is fluctuating in a sideways range– Forecast today – 29-7-2026
Platinum price provided more sideways trading by its fluctuation near $1600.00 level due to the contradiction of the main indicators, especially by stochastic stability above 20 level, obstructing the previously waited negative trend.
More