Natural gas price confirmed the negative scenario by its continued fluctuation near $2.890 level, taking advantage of the continuation of providing negative momentum by the main indicators, showing its readiness to resume the bearish trend in the current trading.

The stability below the extra resistance barrier towards $3.350 represents the main factor for confirming the bearish scenario, to keep waiting for attacking $2.830 level, where surpassing it might lead it to reach the next support at $2.620.

The expected trading range for today is between $2.830 and $3.050

Trend forecast: Bearish

The EURJPY pair confirmed the dominance of the bearish trend by providing repeated closes below 185.85 level, forming strong decline in Friday, approaching the initial target at 184.20, which represents an extra support against the last bullish rally.

The contradiction of the main indicators might force the price to provide weak sideways fluctuation, confining the trading between the current support and 184.90 level, which represents an extra barrier against the bearish trading, while breaking the support and holding below it will open the way for targeting more negative stations, which might begin at 183.70 and 183.25.

The expected trading range for today is between 184.20 and 185.00

Trend forecast: Sideways

The GBPJPY pair ended the bearish corrective rebound by testing the extra support at 216.40, to settle above it attempting to keep the previously suggested bullish scenario and providing positive momentum by the main indicators will increase the chances of targeting 217.30, to attempt to press on 217.90, to find an exit for resuming the bullish attempts and recording more gains in the upcoming period.

Facing negative pressure and reaching below the current support will confirm its surrender to the bearish corrective trend dominance, to expect suffering several losses by reaching 215.90 and 215.40. 

The expected trading range for today is between 216.60 and 217.90

Trend forecast: Bullish

Platinum price provided weak trading recently by its fluctuation near $1595.00 level, surrendering to the bearish trend, which depends on the continuation of forming a main resistance at $1810.00 level, besides the stability of the extra barrier near $1690.00 level.

The attempt to provide negative momentum by the main indicators might increase the negative pressure in the current trading, which makes us keep the negative scenario, which might target $1555.00 level, to press on the support at $1510.00, to find an exit for resuming the decline in the upcoming trading.

The expected trading range for today is between $1555.00 and $1640.00 

Trend forecast: Bearish