|
Natural gas price seems the negative momentum – Analysis – 24-1-2024
No change to natural gas price track despite its current fluctuation near 2.520, due to the frequent consolidation below the MA55 that forms additional barrier now at 2.800.
The price might continue to provide mixed trades until gathering the required additional negative momentum to resume the negative attack, to expect attacking 2.200 level followed by reaching the next main target at 1.950.
The expected trading range for today is between 2.650 and 2.200
The expected trend for today: Bearish
Thanks for your feedback.
The EURJPY postpones the bullish rally – Analysis – 24-1-2024
The EURJPY pair hinted postponing the bullish attack after failing to breach 161.80 barrier to notice crawling below the minor bullish channel’s support line at 161.00, forming clear negative attack by approaching 160.35.
MoreThe GBPJPY touches the first target – Analysis – 24-1-2024
The GBPJPY pair repeated the negative closings, affected by the stability of the major resistance at 189.25, to notice forming bearish wave yesterday and touch the first negative target at 187.30 and settles above it.
MorePlatinum price tends towards the positivity – Analysis – 24-1-2024
Platinum price took advantage of 880.00 level forming for solid support against the recent negative trades to notice forming some bullish waves and settling near 905.00, to increase the chances of regaining the bullish bias again.
More