Natural gas price remains stable until this moment below the $3.600 barrier, to confirm delaying the bullish attack, to notice by the above image that it suffers extra losses by reaching $3.370.

Providing negative momentum by the main indicators, specifically the moving average 55 reach below the mentioned level, will increase the negative pressures on the trading today, to expect suffering new losses by reaching $3.280 reaching the next support at $3.130.

The expected trading range for today is between $3.280 and $3.510

Trend forecast: Bearish

The EURJPY pair surrendered to stochastic negativity yesterday, which forces it to delay the bullish attack by reaching below 163.35 level, reaching below the breached bearish channel’s resistance at 162.45.

Note that the contradiction between the main indicators specifically by the stability of the moving average 55 below the current trading will force the price to provide sideways trading, to stay aside until surpassing 163.35 level, to confirm regaining the bullish bias, then begin targeting the positive stations that are located near 163.90 and 164.40.

The expected trading range for today is between 162.30 and 163.35

Trend forecast: Sideways until achieving the breach

The GBPJPY pair affected by the bearish correctional bias domination, to settle near the support at 193.15, the continuation of the main indicator’s contradiction might force the price to provide new mixed trading, but its stability above the mentioned support will increase the chances for renewing the bullish attempts, which targets 194.55 level, to extend the trading towards the next resistance at 195.70.

In case reaching below the current support, we recommend the neutrality and monitoring the price behavior due to the factors that assist to decrease the negativity, starting from the moving average 55 stability below the current trading and its stability near 192.05, besides the continuation of forming a solid support at 191.40 level, to decrease the chances for renewing the negative attack on the upcoming trading.

The expected trading range for today is between 193.00 and 194.55

Trend forecast: Bullish

Despite forming a new bullish wave by Platinum price and its stability above 50%Fibonacci correction level at $983.00, but that will not affect the bearish track, due to the formation of a key resistance extension at $1005.00 as appears in the above image.

Therefore, we will keep gathering the negative momentum in the current trading, which allows it to press on the moving average 55 near $964.00, surpassing it will make it reach the next support at $950.00.

The expected trading range for today is between $964.00 and $1000.00

Trend forecast: Bearish