Natural gas price opened today’s trading by forming negative gap and decline towards 3.375, affected by stochastic intraday negativity, which moves near 50 level now.

The price might form additional negative fluctuations to attempt to test the additional support 3.100 until gathering the positive momentum again, followed by starting to form bullish waves to jump above 3.550 obstacle and confirm its preparation to record new gains in the upcoming period.

The expected trading range for today is between 3.200 and 3.550

The expected trend for today: Bullish

The EURJPY pair hinted its surrender to the domination of the correctional bearish bias again by declining below the additional support 158.55 on last Friday, to notice suffering some losses by reaching 157.88.

The continuous negative closings below the broken support and stochastic negative momentum signals allow us to suggest more negative attempts that might target 157.00 support line soon, while breaking it might push the price to decline towards 156.55 direct.

The expected trading range for today is between 158.30 and 157.00

The expected trend for today: Bearish

The GBPJPY pair repeated the negative closings below 183.50 barrier, to notice forming strong bearish wave recently and settle below the temporary support at 181.50.

Also, stochastic provides the negative momentum to increase the chances of renewing the negative attack, to expect targeting 180.45 level soon, followed by attempting to press on the MA55 at 179.90 in order to find a way to resume the correctional attempts in the upcoming period.

The expected trading range for today is between 181.60 and 180.45

The expected trend for today: Bearish

Platinum price provided new negative close recently below the main bearish channel’s resistance at 922.00, to confirm its preparation to renew the negative attempts in the near-term and medium-term period, reminding you that the initial targets are located near 880.00 followed by reaching 61.8% Fibonacci correction level at 855.00.

On the other hand, facing new positive pressures and rallying above the mentioned resistance will confirm moving to the bullish track, to expect the beginning of targeting many positive stations that start at 934.00 and 950.00.

The expected trading range for today is between 915.00 and 880.00

The expected trend for today: Bearish