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Natural gas price repeats the pressure on the support– Forecast today – 16-4-2026
Natural gas price kept providing strong pressure on the support level at $2.620, attempting to find an exit for resuming the previously suggested negative attack, the continuation of providing negative momentum makes us wait for achieving the required break, to open the way for reaching extra negative stations that are located at $2.390 and $2.250 level.
The expected trading range for today is between $2.390 and $2.820
Trend forecast: Bearish
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The EURJPY without any news– Forecast today – 16-4-2026
The EURJPY pair didn’t move anything since yesterday by its continued fluctuation near 187.45 level, affected by stochastic attempt to exit the overbought level, to increase the chances of activating the attempts of gathering the gains by targeting 186.55 and 185.85 level.
MoreThe GBPJPY needs a new momentum– Forecast today – 16-4-2026
The GBPJPY pair forced it to provide sideways trading by its stability near 215.50 level, affected by stochastic exit from the overbought levels, the price might be forced to provide some bearish corrective trading, however it couldn’t affect the main bullish track, depending on forming extra support level at 214.15 level.
MorePlatinum price remains positive– Forecast today – 16-4-2026
Despite the weakness of Platinum price’s trading, and there are positive factors that are represented by the main stability above $1950.00 support with the positive momentum by the main indicators by its fluctuation near $2140.00 level.
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