Natural gas price continued to form positive crawl recently, reaching 1.854 level, hinting its preparation to build new bullish track in the near term and medium term period, reminding you that the bullish track depends on the stability of 1.560 support line, while stochastic continuous positive momentum signals will increase the chances of surpassing 2.000 resistance to move to new positive stations and wait to target 2.200 followed by 2.420 in the medium term period.
The expected trading range for today is between 1.720 and 2.000
The expected trend for today: Bullish
The EURJPY pair returned to form slow sideways trades to settle near 163.10, affected by stochastic exit from the overbought areas and forcing it to postpone the bullish rally for now.
The main stability within the bullish channel and forming continuous support at 162.25 allow us to wait to gather required additional positive momentum to motivate the bullish attack that might target 164.25 and 164.85 in the medium-term period.
The expected trading range for today is between 162.80 and 163.70
The expected trend for today: Bullish
The GBPJPY pair didn’t move yesterday, to repeat the fluctuation near 190.75 and lean on the additional support at 190.40.
We assure the importance of gathering the positive momentum to manage to hold above the current support and start forming new bullish waves to target 191.85 level, while surpassing this barrier will push the price to 192.85 as a next main target.
The expected trading range for today is between 190.50 and 191.85
The expected trend for today: Bullish
Despite platinum price recent stability above 875.00 support line, we notice the weak bullish rally by fluctuating below the MA55 again, settling at 897.00, forming sideways fluctuation near 885.00.
Motivating the bullish attempts needs new positive momentum to manage to jump above the MA55 followed by attacking 908.00 resistance in order to find a way to resume the bullish attempts and reach new positive stations that might start at 930.00 and 949.00.
The expected trading range for today is between 880.00 and 895.00
The expected trend for today: Bullish