Natural gas price provided weak sideways trades yesterday, attempting to face stochastic positivity by settling below 3.500 level in order to reinforce the chances of resuming the negative attack again, thus, we will keep suggesting the domination of the bearish scenario for the upcoming period, to expect gathering the negative momentum and crawl towards 3.120 direct, followed by attempting to reach the next main target at 2.6000.

The expected trading range for today is between 3.750 and 3.150

The expected trend for today: Bearish

The EURJPY pair provided negative close below the additional barrier 142.00 yesterday, to increase the chances of activating the negative attack again, while the current weak trades are caused by stochastic contradiction against the moving average 55 that provides negative signals by settling below the mentioned barrier.

These factors allow us to expect forming temporary sideways fluctuation until gathering the additional negative momentum to ease the mission of starting the negative attack and press on 140.25 level soon, while breaking it will confirm the continuation of the negativity by targeting 139.40 and 138.20 levels.

The expected trading range for today is between 142.10 and 140.25

The expected trend for today: Bearish

The GBPJPY pair provided more positive correctional attempts to approach the additional barrier at 162.10 and settle below it, while the moving average 55 crawl below the major resistance at 163.40 will confirm confining trades within the bearish track for the upcoming period.

Therefore, we will keep waiting to start gathering the negative momentum to assist to activate the bearish track and attempt to reach 159.25 followed by repeating the pressure on 158.60 obstacle in order to find a way to resume the negative attack in the upcoming period.

The expected trading range for today is between 162.10 and 159.25

The expected trend for today: Bearish

Platinum price succeeded to gather the additional positive momentum by stochastic rally above 50 level, to manage to hold above the bullish channel’s support line at 1020.00, noticing the beginning of forming bullish waves by reaching 1055.00.

These factors confirm surrendering to the domination of the bullish bias, to keep our bullish overview and remind you that the next target is located at 1072.00, while surpassing it will push the price to reach 1105.00 that formed strong obstacle against the bullish attempts.

The expected trading range for today is between 1035.00 and 1072.00

The expected trend for today: Bullish