Natural gas price returned to provide weak sideways trading by its fluctuation near $4.000 level, affected by the contradiction between the main indicators and the negative stability below $4.200 level.
The continuation of the price fluctuation below the previously mentioned barrier will force it to renew the negative attempts, to expect reaching $3.650 and $3.480, while its rally above the barrier and providing positive close will confirm its move to the bullish trend, to begin recording several gains by targeting $4.510 level.
The expected trading range for today is between $3.650 and $4.100
Trend forecast: Bearish
The EURJPY pair provided new negative close below the extra barrier at 184.40, activating with stochastic negativity by reaching 183.50, to record the initial suggested target in the previous report.
MoreThe GBPJPY pair is forced to provide slow corrective trading, due to the contradiction between the main indicators, keeping its fluctuations near 210.65 level, but its stability below 211.30 level supports the chances of activating the bearish corrective attack, to keep waiting for our negative expectations until reaching 209.70 level reaching the minor bullish channel’s support at 209.00.
MorePlatinum price resumed the bearish corrective attack, achieving the previously suggested corrective targets by reaching the minor bullish channel’s support that is represented by $2045.00 level, to rally towards $2200.00.
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