Natural gas price didn’t move until this moment, taking advantage of the additional support line stability at 2.400, to decrease the chances of resuming the negative attack, also, we will keep waiting to gather the positive momentum to manage to renew the correctional bullish attempts and wait to reach the correctional stations at 3.000 and 3.500.

We remind you that facing the negative pressures again and crawling below the mentioned support will force it to form strong negative waves and suffer more losses by moving towards 2.000 and 1.650 levels.

The expected trading range for today is between 2.350 and 2.950

The expected trend for today: Bullish

The EURJPY pair repeated the fluctuation below the additional support at 140.25, while these attempts failed due to its correctional rebound towards 141.50, to hint postponing the negative attack for now.

On the other hand, attempting to hold below 142.90 barrier in addition to stochastic consolidation below 50 level support the continuation of the negativity, waiting to renew the negative attempt to attempt to confirm the required break and reach the additional stations that start at 139.00 and 138.20.

The expected trading range for today is between 141.90 and 140.25

The expected trend for today: Bearish

The GBPJPY pair succeeded to achieve the negative target at 158.60, to form solid obstacle against the negative attack and form new rebound to settle near 161.60.

The price might provide some sideways fluctuation, while the main stability below 164.50 barrier and the major indicators’ attempt to provide the additional negative momentum allow us to keep the bearish overview, waiting to target 160.20 level soon, followed by repeating the pressure on 158.60 support line in order to find a way to resume the negativity in the upcoming period.

The expected trading range for today is between 162.30 and 160.00

The expected trend for today: Bearish

Platinum price renews its positive action by rallying above the MA55 recently, to achieve the first target by reaching 985.00, confirming its surrender to the domination of the previously suggested bullish bias.

The frequent stability above 50% Fibonacci correction level at 950.00 and the major indicators’ attempt to provide the positive momentum will increase the chances of targeting new positive stations that might start at 1005.00 followed by reaching the next main target at 1040.00.

The expected trading range for today is between 965.00 and 1005.00

The expected trend for today: Bullish