Natural gas price continued providing strong bearish pressures on the support level at $2.620, due to the negative momentum by the main indicators, which makes us wait for breaking the required breakout, to begin targeting extra negative stations by reaching $2.390 and $2.250 initially.
The stability of the moving average 55 above the initial resistance towards $3.170 confirms the trading confinement within the negative track, to keep waiting for achieving the negative targets, waiting for the next close to detect the suggested targets in the upcoming trading.
The expected trading range for today is between $2.390 and $2.820
Trend forecast: Bearish
The EURJPY pair kept the previously suggested bullish scenario by its rally towards extra target at 187.35, to settle near it as appears in the above image.
MoreThe GBPJPY pair continued forming strong bullish waves due to stability within the minor bullish channel levels, recording new gains by reaching 215.35.
MoreNo escape for Platinum price from resuming the bullish trend, due to its stability above the extra support at $1950.00, besides providing positive momentum by the main indicators, holding since yesterday near $2080.00 level.
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