|
Natural gas price resists negative pressure – Forecast today – 5-11-2026
Despite the recent negative pressure on natural gas prices, accompanied by the alignment of the main momentum indicators in negative territory, repeated positive stability above the $2.620 support level confirms the price’s commitment to the previously suggested bullish scenario. The price has once again entered sideways trading, stabilizing near $2.920.
We will continue to wait for the price to gather positive momentum in the near term, which could activate further bullish attempts. We expect it to initially challenge the EMA55, currently positioned at $3.25. A confirmed break above this level would pave the way for further gains toward $3.420 and $3.550.
The expected trading range for today is between $2.770 and $3.250.
Trend forecast: Bullish
Thanks for your feedback.
The EURJPY awaits breakout confirmation – Forecast today – 5-11-2026
The pair succumbed to positive pressure during yesterday’s trading, surging toward 178.45 before returning to fluctuate near the resistance level at 178.10 to gather additional positive momentum.
MoreThe GBPJPY records further gains – Forecast today – 5-11-2026
The pair took advantage of its stability above the broken resistance level at 212.00 during yesterday’s trading, forming a strong bullish advance and achieving notable gains by reaching 213.75 before making an intraday pullback to gather additional positive momentum.
MorePlatinum price recovers some losses – Forecast today – 5-11-2026
Platinum touched the $1385.00 level during its latest bearish move before being supported by positive stochastic momentum, pushing it back above $1440.00, which had recently acted as a key barrier against further declines. The price has now begun recovering previous losses, surging toward $1525.00.
More