Natural gas price remains positioned below the 55-period moving average, fluctuating repeatedly near the $3.250 level, confirming its continued adherence to the bearish scenario, which is based on the stability of resistance at $3.520.

We emphasize the importance of the price gathering negative momentum at the current levels, which would allow it to form further bearish waves and target the $3.050 and $2.920 levels respectively in the near term. However, a breakout above the resistance level and stability above it would confirm a shift toward the bullish path, allowing the price to begin recording further gains with an initial target at $3.710.

The expected trading range for today is between $3.050 and $3.350

Trend forecast: Bearish

The EURJPY pair remains affected by the dominance of sideways movement due to the continued conflict between the main indicators. The pair continues to fluctuate within the temporary sideways range, with resistance holding at the 185.50 level, while the stability of support at 184.20 is preventing the activation of a bearish corrective move.

Based on the above, we will maintain a neutral stance until the price surpasses one of the key levels. It is worth noting that a successful break below the current support and stability beneath it would open the way toward several corrective targets, which may begin at 183.55 and then 182.85.

The expected trading range for today is between 184.20 and 185.50

Trend forecast: Neutral

The GBPJPY pair maintained its negative stability below the barrier represented by the 214.50 level up to this moment, confirming its adherence to the previously suggested bearish corrective scenario. The pair is currently slipping lower, trading near the 213.90 level.

We emphasize the importance of the price gathering additional negative momentum, which would enable it to break the 213.50 level and open the way toward new corrective targets that may extend soon toward 212.80 and 211.80 respectively. However, a breakout above the barrier and holding above it would revive the chances of recording some gains, pushing the price toward the resistance level near 215.50.

The expected trading range for today is between 211.80 and 214.30

Trend forecast: Bearish

Platinum price remains affected by recurring negative pressures, represented by its overall stability below the main resistance level currently extending toward $1,940.00. In addition, the $1,865.00 level is forming another strong barrier, forcing the price to renew its bearish attempts, with the price currently positioned near the $1,645.00 level.

The availability of negative momentum will increase the chances of the price attacking the support level at $1,605.00 soon. A break below this level would strengthen the chances of resuming the bearish move, targeting $1,565.00 and then $1,490.00 respectively.

The expected trading range for today is between $1,565.00 and $1,700.00

Trend forecast: Bearish