Natural gas price repeated the sideways fluctuation within achieving any new positive target, to notice its move between the major support at 2.450, while 2.800 forms solid obstacle against the bullish rally.

We recommend the stay neutral and wait to confirm surpassing one of the major levels, to manage to detect the expected trend for the upcoming trading, noting that breaking the current support and providing negative close below it will force it to suffer clear losses by moving towards 1.950 followed by attempting to touch the historical support at 1.650.

The expected trading range for today is between 2.450 and 2.700

The expected trend for today: Neutral

The EURJPY pair opened today by forming new bearish wave, attempting to settle below the additional support at 157.00, to hint surrendering to the domination of the correctional bias.

Also, stochastic begins to provide the negative momentum to increase the efficiency of the bearish track for the near term and medium-term period, allowing us to suggest reaching 156.30 level soon, followed by attempting to test the main bullish channel’s support line at 155.90.

The expected trading range for today is between 157.40 and 156.30

The expected trend for today: Bearish

The GBPJPY pair surrendered to the negative pressures caused by stochastic reach to 20 level, forming new bearish wave to settle below the additional support at 183.50, to notice suffering clear losses by reaching 182.90.

In case the price continued to face the negative pressures, it might force it to break 182.65 level, to force it to exit the minor bullish channel, to start targeting new correctional stations that might extend towards 181.90 and 181.30, while renewing the bullish attack requires providing new positive close above 183.50, to assist to reinforce the chances of recording new gains by rallying towards 185.25.

The expected trading range for today is between 183.40 and 182.65

The expected trend for today: Bearish

Platinum price touched 887.00 level recently and formed temporary sideways fluctuation, attempting to take a breath in order to gather new negative momentum to confirm the continuation of the negativity for the upcoming trading.

The frequent stability below 50% Fibonacci correction at 950.00 and the major indicators continuous negative momentum signals confirm surrendering to the negative pressures, to keep our expectations to crawl below 880.00 and wait to achieve the next negative target at 855.00.

The expected trading range for today is between 920.00 and 870.00

The expected trend for today: Bearish