Natural gas prices haven’t moved anything since yesterday’s trading, to notice providing repeated closes below the barrier that is represented by $3.600 level, to confirm its surrender to the suggested bearish correctional scenario by its fluctuation near $3.340 level.

Providing negative momentum by the main indicators will increase the chances for forming some negative trading, attempting to reach $3.205 then target the critical support at $3.050.

The expected trading range for today is between $3.050 and $3.450

Trend forecast: Bearish

The EURJPY pair began this morning with new positivity by surpassing the resistance of the bullish channel’s resistance at 171.70 level, recording some extra gains by holding near 172.25.

Note that stochastic stability within the overbought level might decelerate the chances of forming a strong bullish rally, but its repeated stability above 171.10 that attempts to form an extra support might assist to motivate the continuation of the positivity, to expect reaching to 172.85 followed by 161.8%Fibonacci extended level at 173.40

The expected trading range for today is between 171.50 and 171.85

Trend forecast: Bullish

The GBPJPY pair kept its positive stability above 66%Fibonacci correction level, to form a strong support at 198.80, resuming the rise and achieving new gains by reaching 199.80 level, approaching from the initial extra target at 200.35.

The continuation of stochastic fluctuation with the overbought level might push the price to target 200.35 level, which forces it to provide mixed trading until gathering the required extra positive momentum for achieving extra gains that might extend to 200.85 reaching the next main target at 201.55.

The expected trading range for today is between 199.00 and 200.35

Trend forecast: Bullish

Platinum price confirmed its surrender to the bearish correctional track by moving away from the resistance at $142.00, forming a new bearish wave and breaking the extra support at $1365.00 level, to settle near $1350.00.

The continuation of providing negative momentum by stochastic will increase the efficiency of the bearish correctional track, to keep waiting for targeting the target at $1330.00, and breaking it might extend the losses to $1317.00 and $1300.00.

The expected trading range for today is between $1330.00 and $1370.00

Trend forecast: Bearish