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Natural gas price seeks an exit – Analysis – 11-9-2023
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 is forced to decline – Analysis – 11-9-2023
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.
MoreThe GBPJPY is forced to decline – Analysis – 11-9-2023
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.
MorePlatinum price takes breath – Analysis – 11-9-2023
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.
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