Natural gas price settles negatively below the barrier at $3.450, taking advantage of providing additional negative momentum by stochastic reaching below 50 level, to support the continuation of the previously suggested negativity.

The beginning of forming negative attempts by providing strong pressures on $2.810 level and surpassing it will make it reach the next support at $2.620, which represents detecting key for the main trend in the upcoming period.

The expected trading range for today is between $2.810 and $3.150

Trend forecast: Bearish

The EURJPY pair returned to providing weak sideways trading, due to its failure in breaching 184.20 level, opening the way towards additional positive stations near 184.80 and 185.45.

The main indicators’ contradiction might push the price to provide new mixed trading, note that the failure to confirm the breach might force it to form some bearish waves, attempting to reach 183.70 and 183.35.

The expected trading range for today is between 183.70 and 184.80

Trend forecast: Bullish

The GBPJPY pair didn’t move anything since yesterday, due to the continuation of forming a strong obstacle at 213.30 level against resuming the bullish scenario, holding is sideways range near 212.90 level.

Confirming that breaching the obstacle and holding above it is important, to reinforce the chances of reaching extra positive stations that are located near 214.05 and 215.20, while the failure of the breach might push it to form corrective trading, which forces it to suffer some losses by reaching 212.35 followed by the main bullish channel’s support at 211.80.

The expected trading range for today is between 212.35 and 214.05

Trend forecast: Sideways until achieving the breach 

Platinum price neediness to the negative momentum led to delay the negative attempts, to keep forming mixed waves and holding near $1905.00.

Reminding you that the stability below the main bearish channel’s resistance at $1980.00 supports the negative scenario in the near and medium trading, therefore, we will keep waiting for gathering additional negative momentum, to reinforce the chances of targeting $1785.00 level, to attempt to breaking the obstacle at $1745.00, to open the way for targeting new corrective stations.

The expected trading range for today is between $1775.00 and $1950.00

Trend forecast: Bearish