Despite the weakness in the Natural gas price’s last trading, that comes from the continuation of the main indicator’s contradiction, but its positive stability above the support level at $2.960 supports the continuation of the suggested positivity, to keep waiting for recording several targets by reaching $3.360 and $3.580

While the price decline below the current support and providing negative close, will confirm its surrender to the bearish track, which forces it to suffer new losses by reaching $2.750.

The expected trading range for today is between $3.100 and $3.360

Trend forecast: Bullish

No news for the EURJPY pair, to keep providing weak sideways trading, due to the continuous contradiction between the main indicators in the last period, to notice its fluctuation near the moving average 55 at 161.60.

Note that the stability of the trading below the main resistance at 163.05 represents a main factor for confirming the bearish bias domination, to keep waiting for targeting negative stations near 160.35 and 159.55, while breaching the resistance and holding above it will cancel the negative suggestion, to begin targeting several positive stations by reaching 163.70 and 164.20.

The expected trading range for today is between 160.35 and 162.40

Trend forecast: Bearish

The GBPJPY pair failed to confirm breaking 188.00 level, which pushes it to form a new bearish rebound, testing the resistance at 189.90, to settle below it, attempting to confirm the continuation of the suggested bearish scenario, to settle near 188.80.

Providing negative momentum by the main indicators will increase the chances for the negative attack, confirming breaking the obstacle at 188.00 makes us expect targeting the negative stations near 187.10 and 186.50.

The expected trading range for today is between 187.10 and 189.80

Trend forecast: Bearish

Platinum price failed to enter the bullish channel’s levels by its repeated stability below the $972.00 level, which forces it to provide mixed trading, to notice its stability near the moving average 55 at $962.00.

Note that the price success to settle above the extra support at $950.00 will reinforce the chances for gathering the required extra positive momentum to renew the pressure on the resistance at $974.00 and surpassing it will confirm regaining the bullish bias to extend the trading towards $994.00 reaching the next main target at $1005.00.

The expected trading range for today is between $955,00 and $974.00

Trend forecast: Bullish