Despite Natural gas price forming weak sideways trading recently, its frequent stability below 2.970 resistance confirms surrendering to the domination of the bearish bias, while stochastic attempt to provide the negative momentum allows us to expect moving towards the first negative target at 2.510, and breaking this level will increase the chances to reach the key support at 1.520.

Also, note that the stability of the moving average 55 above the current resistance confirms blocking the price within the bearish range, to increase the chances of gathering the additional negative momentum until achieving the mentioned targets.

The expected trading range for today is between 2.885 and 2.510

The expected trend for today: Bearish

Copper price started to provide positive signals to move away from 2.8300 level that forms the extension to the bullish channel’s support line, to increase the chances of achieving the positive targets very soon, while the price gets its positive momentum by the stability of the moving average 55 around the current support, to assist the attempt to reach 2.9300 first, which breaching it will ease the mission of reaching 3.0200 in the upcoming period.

The expected trading range for today is between 2.8300 and 2.9300

The expected trend for today: Bullish

Platinum price seems not responding to the negative stability within the bearish channel to notice providing new pressure on 860.00 resistance, while the contradiction of the major indicators that provide negative momentum against the attempt to breach the current barrier allows us to stay neutral until getting clearer overview to manage to detect the next expected targets.

Rallying above the resistance and providing positive close will cancel the negative overview and open the way to start targeting many positive levels by moving towards 890.00 and 955.00 levels.

The expected trading range for today is between 890.00 and 850.00

The expected trend for today: Neutral

The GBPJPY pair still lacking the negative momentum to form new sideways trades by settling above the moving average 55 that formed additional support recently at 144.30, to face the negative attack.

On the other hand, consolidating within the main bearish channel that appears on the chart allows us to wait to gather the required momentum to manage to break the current support to extend trades towards the negative targets around 143.80 and 142.30 levels.

The expected trading range for today is between 146.70 and 144.30

The expected trend for today: Bearish