Natural gas prices are affected by stochastic positivity, to keep forming bullish correctional waves, recovering more of the losses by hitting $3.010 level, approaching from the neckline of the negative head and shoulders that appear in the above image.

 Note that the stability of the trading below the resistance at $3.160, and the attempts of the main indicators to provide the negative momentum, these factors support the bearish suggestion, to expect reaching $2.810, then attempts to press on the barrier near $2.620, while the price success in breaching the resistance will cancel the bearish suggestion, providing chances for building new bullish track in the upcoming period trading.

The expected trading range for today is between $2.810 and $3.050

Trend forecast: Bearish

The EURJPY pair forced to provide more of the sideways trading by its fluctuation near 171.70, attempting to surpass stochastic negativity, to keep the chances for renewing the bullish attempts that depend on the stability of the extra support at 170.45.

Stochastic attempts to provide the positive momentum to ease the mission of targeting the initial target at 172.45, to attempt to press on the barrier near 173.40 to find an exit to record extra gains in the upcoming period trading.

The expected trading range for today is between 171.20 and 173.40.

Trend forecast: Bullish

Despite the stability of the GBPJPY pair above the extra support at 197.85, but the contradiction between the main indicators pushed it to provide new sideways trading to settle near 198.50.

Gathering the positive momentum is important to reduce the chances of its decline below the current support, to begin forming bullish waves to target the barrier at 200.40 and surpassing it will make it reach the main targets near 200.80 and 201.55.

The expected trading range for today is between 198.00 and 200.40

Trend forecast: Bullish

Platinum price recorded some of yesterday’s gains by hitting $1362.00 level, but its neediness for positive momentum pushed it to decline below $1355.00 barrier, to reach $1342.00, to face the moving average 55.

The contradiction between the main indicators might force the price to provide intraday mixed trading, to keep waiting for gathering the positive momentum to confirm breaching the barrier and reaching the positive targets near $1383.00 and $1398.00.

The expected trading range for today is between $1340.00 and $1383.00

Trend forecast: Bullish