Natural gas price continued forming a new bearish movement, to confirm its surrender to the previously suggested bearish scenario, to settle near $2.750.

The negative stability below the extra barrier at $3.150 by stochastic reach the oversold level will increase the negative pressure for today’s trading, to keep waiting for reaching the extra support at $2.620, where breaking it will open the way for targeting new bearish stations that might begin at $2.390 and $2.250.

The expected trading range for today is between $2.620 and $2.920

Trend forecast: Bearish

The EURJPY pair renewed the positive attempts since yesterday, due to the continuation of providing positive momentum by the main indicators by its rally above the initial resistance at 184.80, to test the barrier at 185.45 to bounce directly to settle near 184.90.

The price might be forced to provide mixed trading by its stability below 184.45, and there is a chance for forming bearish waves to target 184.20 and 183.70 level, while its success to surpass the barrier at 185.45 will open the way for forming strong bullish waves, to expect reaching 186.00 initially, reaching 186.65.

The expected trading range for today is between 184.40 and 185.45

Trend forecast: Fluctuated

The GBPJPY pair continued forming bullish waves, despite its negative stability below 213.30 resistance, affected by the positivity of the main indicators, to settle near 212.50.

The price might keep forming mixed trading for today, while the stability below the resistance will increase the chances of activating the negative attempts, which might target 211.50 and 210.60 level, while breaching the resistance and holding above it will open the way for recording extra gains that might begin at 214.10.

The expected trading range for today is between 211.50 and 213.30

Trend forecast: Bearish

Platinum price succeeded to surpass the moving average 55 by forming new bullish wave, achieving $2045.00 level this morning, which requires providing a new positive close above $1950.00 level, to confirm its readiness to form new bullish waves by reaching $2070.00, and surpassing this barrier might extend the trading towards $2130.00 reaching the next resistance at $2205.00 level.

While the return of fluctuation below $1950.00 will force it to activate the bearish corrective track again, forcing it to suffer some losses by reaching $1865.00 and $1800.00 before any new attempt to achieve any of the suggested positive targets.

The expected trading range for today is between $1950.00 and $2130.00

Trend forecast: Bullish