Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Natural gas price needs a new bullish momentum– Forecast today – 16-2-2026

Economies.com
2026-02-16 05:30AM UTC

The neediness of Natural gas price to the bullish momentum led it to provide weak sideways trading, keeping its fluctuation near the main support at $3.000, gathering bullish momentum is important to allow it to begin forming bullish waves, expecting to reach $3.400 and $3.750.

 

While facing new bearish pressure and reaching below the main support will confirm its move to a new bearish phase, which forces it to suffer several losses by reaching $2.850 and $2.660.

 

The expected trading range for today is between $2.950 and $3.450

 

Trend forecast: Bearish

 

The EURJPY settles above the support– Forecast today – 16-2-2026

Economies.com
2026-02-16 05:28AM UTC

The EURJPY pair failed to resume the bearish corrective trend due to its stability above 180.80 support, to begin forming some bullish waves by its stability near 181.75.

 

Note that the continuation of providing positive closes above the current support, and the attempt of the main indicators to provide bullish momentum will increase the chances of recovering more of losses by its rally towards 182.60 and surpassing it might extend the trading towards 183.35.

 

The expected trading range for today is between 181.10 and 182.60

 

Trend forecast: Bullish

The GBPJPY hovers near the barrier– Forecast today – 16-2-2026

Economies.com
2026-02-16 05:27AM UTC

The GBPJPY pair affected by the contradiction of the main indicators, since Friday’s trading to delay the negative attack and providing mixed trading, to approach from 209.15 barrier.

 

This scenario depends on the strength of this barrier, the stability below it will increase the chances of forming new bearish waves, attempting to reach 207.60 and 207.05, while surpassing the barrier will allow it to recover some losses by its rally towards 209.80 directly, to attempt to test the resistance near 210.60.

 

The expected trading range for today is between 208.00 and 209.20

 

Trend forecast: Fluctuated within the bearish track.

 

Platinum price remains negative– Forecast today – 16-2-2026

Economies.com
2026-02-16 05:26AM UTC

Platinum price remains under the dominance of the bearish trend until this moment, due to its stability below $2245.00 level, forming mixed trading to keep its stability near $2040.00.

 

We will keep waiting for the price to activate with stochastic negativity, to repeat the pressure on $1950.00 level, and breaking it will open the way for resuming the bearish moves until reaching the extra targets that are located at $1880.00 and $1785.00.

 

The expected trading range for today is between $1950.00 and $2100.00

 

Trend forecast: Bearish