Natural gas price engaged in slow sideways trading near $4.180 in an attempt to gather more positive momentum and sustained the upward wave.

The positive scenario will continue as long as the support of $3.750 holds on, targeting $4.260 and then $4.480. 

Expected trading range today is between the $4.050 support and the $4.260 resistance.

Today’s price forecast: Bullish

Platinum price was little changed despite a host of positive factors, especially positive signals from major indicators, with the price engaging in sideways trading near $990.00, while being impacted by the formation of $1000.00 as an important barrier.

The price will likely continue to trade sideways, with a potential of some negative waves towards $976.00 and $964, however, a breach of the aforementioned barrier would open the door for more gains towards $1017.

Expected trading range today is between the $975.00 support and the $1000 resistance.

Today’s price forecast: Sideways within an upward path

Copper price was hurt by negative signals from the Stochastic and sent below $5.000, marking some losses and touching $4.9400 before trying to reduce the losses by rushing once more towards the resistance of the ascending channel at $5.0600.

As major indicators currently are conflicted, while the $5.1300 forms as an additional barrier against current trading, the price will likely engage in more negative trading, heading towards $4.9100 and reaching the support of $4.8100, however, a breach of the aforementioned barrier would send the price towards $5.2100.

Expected trading range today is between the $4.9100 support and the $5.1000 resistance.

Today’s price forecast: Bearish

EUR/USD price inched higher in latest intraday trading after failing to pierce the pivotal resistance of $1.0830, losing momentum and settling below that resistance, amid the dominance of the downward correctional trend in the short term as the price trades alongside the trend line, with ongoing negative pressure due to trading below the 50-candle SMA.