Natural gas price faced temporary bearish pressures by providing a new positive close above $3.150, to begin forming some bullish waves by its stability near $3.250.
The moving average 55 surpasses $3.360 to resume the bullish attempts until achieving the main targets at $3.520 and $3.680.
The expected trading range for today is between $3.150 and $3.520
Trend forecast: Bullish
The EURJPY pair failed until this momentum by breaching the barrier at 186.00, forcing it to form mixed sideways trading, to fluctuate near 185.50 level, affected by the continuation of the main indicators’ contradiction, especially by stochastic exit from the overbought level.
MoreThe GBPJPY pair surrendered to form a strong barrier at 215.50, affected by stochastic exit from the overbought level, forming some bearish waves by targeting 214.30 level.
MorePlatinum price needs positive momentum to form new corrective waves, to attack $1865.00 support, attempting to settle above it to confirm the bullish scenario and its rally towards $1885.00.
More