No news for natural gas price until this moment, to continue fluctuating between the sideways track’s lines represented by 2.000$ resistance and 1.540$ support that hinders the attempts to resume the negative attempts.

Therefore, we will remain neutral to continue monitoring the price behavior until surpassing one of the major levels, as breaching 2.000$ will allow the price to cover the losses and form strong bullish waves to target 2.180$ followed by reaching the main target at 2.500$, while crawling below the mentioned support will force it to suffer big losses that might extend towards 1.220$ and 1.000$ initially.

Expected Trading Range for Today:

• Between 1.850$ and 1.620$

Trend Forecast:

Sideways

The EURJPY pair surrendered to the negative pressures caused by stochastic reach to the oversold areas yesterday, to notice forming new negative wave and settle below the bullish channel’s support line at 163.45 and suffering some losses by reaching 162.95.

Getting continuous negative closings below the broken support that forms new resistance at 163.55 and the continuous negative momentum coming by the major indicators allow us to expect the beginning of targeting new negative stations, to target 162.65 as a first station, followed by targeting the additional support at 162.15.

Expected Trading Range for Today:

• Between 163.40 and 162.65

Trend Forecast:

Bearish

The GBPJPY pair still confined with many negative factors by leaning below 192.40 barrier frequently, in addition to stochastic negative momentum signals.

These factors confirm the preparation to form strong bearish waves now, to keep waiting to target the additional support soon at 190.15, while breaking it will open the way to resume the decline, waiting to touch 189.55 level followed by reaching the next negative target 189.05.

Expected Trading Range for Today:

• Between 191.55 and 190.15

Trend Forecast:

Bearish

Platinum price confirmed keeping the bullish track by forming new bullish wave yesterday, taking advantage the stability of 888.00$ support line, to notice achieving some positive gains by touching 910.50$ level.

Stochastic continuous positive momentum will increase the efficiency of the bullish track, to ease the mission of surpassing 915.00$ obstacle and open the way to resume the bullish attack, to expect targeting 932.00$ level direct, followed by reaching the next main target at 950.00$.

Expected Trading Range for Today:

• Between 900.00$ and 922.00$

Trend Forecast:

Bullish