Natural gas price renewed its positive action, taking advantage of its stability above the support at $4.200 level, activating with the main indicators and its stability near $4.660.
Breaching the barrier at $4.750 is important to open the way towards recording new gains by its rally towards $4.910 reaching $5.180, forming a new obstacle against the bullish attempts.
The expected trading range for today is between $4.450 and $4.910
Trend forecast: Bullish
No news for EURJPY pair’s new sideways trading and its fluctuating near 181.15, but its stability above the support level near 179.40 and attempting to form extra support at 180.25 level, these factors support the chances of renewing the bullish attempts, attempting to breach the barrier at 181.75, targeting new positive stations that might begin at 182.30 reaching the main target at 183.05.
Note that stochastic approach from 80 level will increase the chances of achieving extra bullish momentum, to pave the way for achieving the breach and reaching the suggested targets.
The expected trading range for today is between 180.35 and 182.30
Trend forecast: Bullish
Despite the weakness of the GBPJPY pair’s trading, there are positive factors that begin by the main stability within the bullish channel’s levels, by the continuation of forming extra support at 205.20 level, these factors confirm the continuation of the positivity in the near and medium period.
Providing positive momentum by stochastic reach towards overbought level makes us prefer attacking the resistance of the bullish channel on 207.70, confirming that breaching it is important to record new gains by its rally towards 208.25 and 208.70.
The expected trading range for today is between 206.25 and 207.70
Trend forecast: Bullish
Platinum price succeeded in providing new positive close above $1605.00 level, to confirm its readiness to resume the bullish trend, fluctuating near $1635.00.
The continuation of providing positive signals by the main indicators will ease the mission of breaching $1645.00 level, to open the way for recording extra gains that might begin at $1695.00 and $1745.00.
The expected trading range for today is between $1600.00 and $1695.00
Trend forecast: Bullish