|
Natural gas price losses the positive momentum– Forecast today – 8-6-2026
Natural gas price loses its bullish momentum by stochastic exit from the overbought level, which forces it to settle again below the moving average 55, which forced it to form strong obstacle near $3.350, forcing it to delay the bullish trend and holding again near the initial support at $3.150 level.
Note that facing negative pressures might force it to activate the negative trend in the near trading, forcing it to suffer extra losses by reaching $2.950 and $2.800 before any attempt for recording the previously waited targets.
The expected trading range for today is between $2.950 and $3.300
Trend forecast: Bearish
The EURJPY is forced to decline– Forecast today – 8-6-2026
The EURJPY pair didn’t manage to settle at 186.00, forcing it to activate the negative trend again, affected by stochastic reach below 50 level, suffering several losses by reaching 184.38.
MoreThe GBPJPY surrenders to the strength of the barrier– Forecast today – 8-6-2026
The GBPJPY pair ended the bullish attempts by providing repeated negative closes below 215.50 level, forcing it to activate the bearish corrective track, suffering several losses by reaching 213.40 level.
MorePlatinum price activates the bearish trend– Forecast today – 8-6-2026
Platinum price faced new bearish pressures, to reach below the support at $1865.00, confirming its surrender to the previously suggested bearish trend dominance by reaching $1757.00.
More