Natural gas price took advantage of its stability within the bullish channel’s levels besides forming an extra support at $3.830 level, resuming the bullish attack and its stability near the initial extra target at $4.150.

No escape from forming more of the bullish trading, attempting to press on the barrier at $4.210, then attempts to reach the resistance of the bullish channel towards $4.290, to form the main target of the current trading.

The expected trading range for today is between $4.050 and $4.290

Trend forecast: Bullish

The EURJPY pair repeated providing positive closes above the extra support at 175.25, to begin activating with the main indicators’ positivity, achieving some gains by hitting level 176.60.

The continuation of the positive factors make us keep the bullish suggestion, to expect attacking extra barrier at 177.05, and surpassing it will renew the pressure on the previously achieved top at 177.85.

The expected trading range for today is between 175.80 and 177.05

Trend forecast: Bullish

The GBPJPY pair confirmed the stability of the bullish scenario by forming a new bullish rally yesterday, achieving the initial target by hitting 203.50 level, to settle above $161.8 Fibonacci extension level at 202.50.

The continuation of providing positive momentum by the main indicators will increase the strength of the bullish track, to expect attacking the barrier at 203.95, and surpassing it will open the way for reaching new stations that might begin from 204.60 and 205.25, while changing the trend and begin the bearish corrective track requires forming sharp decline to settle below the extra support at 201.70.

The expected trading range for today is between 202.60 and 203.95

Trend forecast: Bullish

Platinum price activated with stochastic negativity, to renew the bearish corrective attempts by reaching below $1605.00 level, suffering clear losses by hitting $1490.00 level.

Note that the price attempt to settle below 61.8%Fibonacci extension level at $1525.00 will increase the chances of resuming the negative corrective attack, to expect targeting $1465.00 and $1440.00.

The expected trading range for today is between $1465.00 and $1570.00

Trend forecast: Bearish