Natural gas price surrendered to the dominance of the bearish bias due to its stability below $4.000 barrier, recording the negative target by its decline towards $3.172.

Note that providing negative momentum by the main indicators might push the price to provide strong pressure on the bullish channel’s support at $3.020 and breaking it will force the price to suffer new losses by reaching $2.860 and $2.700, while regaining the bullish bias begin by the daily stability above $4.000 level.

The expected trading range for today is between $3.020 and $3.550

Trend forecast: Bearish

The EURJPY pair succeeded in surpassing the barrier at 184.00, to settle above it to ease the mission of resuming the bullish trend, to settle near the initial bullish target at 184.85 level.

The main stability within the bullish channel’s levels beside providing bullish momentum by the main indicators will increase the chances of recording extra gains, to wait for reaching 185.45 and surpassing it might push it to press on 186.20 barrier, to form the next main target in the current trading.

The expected trading range for today is between 184.30 and 185.45

Trend forecast: Bullish

The GBPJPY pair benefited from providing bullish momentum by the main indicators, especially with stochastic reach towards 80 level, forming a strong bullish rally to surpass the barrier at 213.00, to settle above the bullish channel’s support at 213.55 level, to target some extra gains by reaching 214.30.

The stability above the bullish channel’s support will provide strong chance of recording extra gains; to expect to form initial target at 214.90 level and surpassing it might extend the trading in the near period towards 215.55 and 216.35.

The expected trading range for today is between 213.80 and 214.90

Trend forecast: Bullish

Platinum price benefited from positive stability above $1950.00 support, reinforcing the bullish scenario to rally $2275.00, achieving the initial suggested targets in the previous report.

No escape from forming new bullish waves, due to the bullish momentum by the main indicators, to expect its rally towards $2340.00, attempting to test $2425.00 resistance, forming a detecting key for the main targets in the upcoming period trading.

The expected trading range for today is between $2140.00 and $2400.00

Trend forecast: Bullish