Natural gas price remains affected by the negative pressures that come from the main stability within the bearish channel’s level, besides the continuation of forming an extra barrier at 2.500 level, which forces it to resume the negative move, to notice its fluctuation near 2.00.
the above image explains the attempt of stochastic towards the oversold level, to increase the chances for gathering negative momentum, which allows it to renew the negative attempts, to target 1.750 level reaching the historical support at 1.480.
The expected trading range for today is between 2.250 and 1.750
The expected trend for today: Bearish
The EURJPY pair kept its positive stability above the support level at 145.65, to notice its fluctuation near 146.70, to confirm the continuation of the suggested bullish bias domination.
we expect reaching the target at 147.00, and the continuation of providing positive momentum by the main indicators will increase the chances for breaching this barrier, to extend the trading towards the extra stations that begin at 147.70 reaching the top at 148.40.
The expected trading range for today is between 146.20 and 147.00
The expected trend for today: Bullish
The GBPJPY pair forced to form a temporary negative rebound after hitting the target at 166.75 attempting to gain some of the gains before resuming the suggested bullish attack, so the continuation of providing positive momentum by the main indicators, and the stability of 164.70 level provides extra support for the bullish trading, so these factors makes us wait for surpassing 166.75 level to open the way towards the extra targets, which might extend to 167.20 reaching the main target at 168.25.
The expected trading range for today is between 165.85 and 167.20
The expected trend for today: Sideways
Platinum price resumed its bullish attack to notice surpassing 1040.00 barrier and achieve additional gains by touching 1058.00 level, which confirms its surrender to the domination of the bullish bias, to expect getting positive momentum and target additional stations that might extend towards 1072.00 followed by reaching 1105.00 as a next main target for the bullish trades.
The expected trading range for today is between 1045.00 and 1072.00
The expected trend for today: Bullish