Natural gas price took advantage of stochastic positivity that consolidates near 80 level now, to notice forming strong bullish rally this morning and surpass the MA55 at 3.260$, to start recording some gains by reaching 3.345$.

Now, the stability above 3.120$ support line and the continuous positive momentum coming by the major indicators support the chances of renewing the bullish attempts to target 3.420$ and 3.530$ levels.

The expected trading range for today is between 3.210$ and 3.420$

Trend forecast: Bullish

The EURJPY pair opened this morning with strong negativity due to the price gap to settle below the additional support at 160.20 and notice touching the negative target at 158.40.

The current positive rebound and holding near 159.20 hints the attempt to gather the additional negative momentum to manage to resume the negative attack and reach 157.35 soon, to form the next main target for the near term trades.

The expected trading range for today is between 158.10 and 160.00

Trend forecast: Bearish

The GBPJPY pair provided more negative closings recently below 194.10 barrier, hinting its surrender to the domination of the bearish bias to notice crawling towards 190.20 this morning and record some negative targets mentioned in our previous report.

Note that the negative momentum coming by the major indicators will increase the chances of attacking 189.50 support line, while breaking it will confirm its preparation to resume the negative attack until reaching 188.15 followed by reaching the next support at 187.55.

The expected trading range for today is between 189.50 and 192.00

Trend forecast: Bearish

Platinum price ended the recent bullish rally by facing 983.00$ barrier, recording the second suggested target and form negative rebound towards 965.00$.

The current negative rebound confirms surrendering to the correctional bearish track that depends on the frequent stability below the current barrier, allowing us to suggest targeting 950.00$ and 930.00$ levels soon.

The expected trading range for today is between 950.00$ and 983.00$

Trend forecast: Bearish