Natural gas price continued forming bearish correctional trading in the last trading, approaching from the support of the bullish channel’s support at $3.110, forming a key for detecting the main trend in the upcoming trading.

The price success to settle above the current support will provide a chance for begin forming strong bullish trading, to target $3.350 level reaching the moving average 55 near $3.560, while facing new bearish pressures and reaching below the current support will confirm its move to a new bearish station, which forces it to suffer several losses by reaching $2.860 and $2.730.

The expected trading range for today is between $3.110 and $3.350

Trend forecast: Bullish

The EURJPY pair succeeded in surpassing the resistance near 173.25, announcing its readiness to resume the bullish attack by hitting 173.90 level, and forming some sideways trading to gather positive momentum again.

Confirming the importance of the stability above the breached resistance, reinforcing the chances for reaching the extra targets that are located near 174.25 reaching 1.809%Fibonacci extension level at 175.20, forming the next main target for the near and medium trading.

The expected trading range for today is between 173.20 and 174.20

Trend forecast: Bullish

The GBPJPY pair continued facing stochastic negativity in the last trading by providing repeated positive closes above the support of the minor bullish channel at 198.10, reinforcing the chances for gathering the positive momentum, and activating the bullish attempts to target 199.25 level, then wait for reaching the next main target at 200.35.

Noting that the price decline below the current support will force it to form some of the bearish correctional trading by reaching 197.50, reaching the main support at 196.56.

The expected trading range for today is between 198.25 and 200.35

Trend forecast: Bullish

Platinum price ended the correctional trading by testing the extra support at $1381.00, forming a confirmation key for the continuation of the positive continuation, attacking the barrier at $1420.000 level, to find an exit for resuming the bullish attempts.

Stochastic begins to provide positive momentum by its repeated stability above 20 level, which makes us wait for breaching the current barrier and holding above it, to ease the mission of targeting $1458.00 level, and surpassing it will provide a chance for achieving new gains that might extend to $1480.00 and $1507.00.

The expected trading range for today is between $1390.00 and $1458.00

Trend forecast: Bullish