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Natural gas price is stable – Analysis – 12-9-2023
Natural gas price couldn’t change anything until this moment, to keep fluctuating between the 2.450 support and 2.800 level, which forms a strong barrier against the attempt of renewing the bullish attack.
we will stay aside until surpassing the dominant levels, to detect the expected targets in the upcoming trading, reminding you that breaching the barrier and holding above it will reinforce the chances for forming a strong bullish attack, to target 3.100 level initially, while breaking the support will force it to suffer big losses by reaching 1.950 reaching to the historical support at 1.650.
The expected trading range for today is between 2.450 and 2.7000
The expected trend for today: Neutral
The EURJPY fluctuates within the bullish track– Analysis – 12-9-2023
The EURJPY pair succeeded to surpass the negative pressures, to keep the main stability within the bullish channel’s levels, to bounce from 156.60 level to settle near 157.60.
MoreThe GBPJPY tests the support– Analysis – 12-9-2023
The GBPJPY pair ended the last bearish correctional rebound, by testing the minor bullish channel’s support at 182.65, to settle above it in order to reinforce the domination of the bullish scenario, the price needs a new positive momentum, to ease the mission of holding above 183.50 level, then reaching the positive stations at 184.30 reaching 185.20.
MorePlatinum price keeps the negativity– Analysis – 12-9-2023
In spite of Platinum price fluctuation near 905.00 level, but it couldn’t affect the main bearish track, due to its repeated stability below 50% Fibonacci correction level at 950.00.
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