The GBPCAD began proving positive signals by surpassing the 1.8590 level, to activate the inverted double top pattern by achieving some of the gains by hitting 1.8670 level.

Note that the continuation of stochastic fluctuation near 80 level will increase the chances for gaining positive momentum in the current period, to ease the mission of recording extra gains that might extend towards 1.8755 reaching the resistance of the bullish channel at 1.8920 in the near period trading.

The expected trading range for today is between 1.8600 and 1.8755

Trend forecast: Bullish

Natural gas price succeeded in surpassing the bearish bias domination by its rally above the barrier at $3.340, to notice forming a strong bullish rally, recovering the previously achieved losses due to its stability near $3.750.

By the above image, we notice the stability of the moving average 55 near $3.580 level, forming an extra support, to increase the chances for resuming the bullish attack, to expect reaching $3.950, then attempt to press on the next barrier at $4.150.

The expected trading range for today is between $3.650 and $3.950

Trend forecast: Bullish

The GBPJPY pair remains affected by the contradiction between the main indicators, delaying the bullish rally, to continue providing sideways trading by its stability near 193.00, as the price remains stable above the main support at 191.20, so the bullish suggestion remains valid, to expect renewing the pressure on the obstacle at 194.60 in order to resume the bullish attack, and 195.30 level represents the next main target for the bullish trading.

The attempt of the moving average 55 to form extra support by its fluctuation near 192.00 makes us keep the bullish suggestion until reaching the mentioned targets.

The expected trading range for today is between 192.45 and 194.00

Trend forecast: Fluctuated within the bullish track.

Platinum price formed a strong bullish rally, surpassing 61.8%Fibonacci correction level at $1017.00, forming strong bullish waves, achieving several gains by reaching %1060.00.

The current rebound towards $1040.00 will not be a threat for the chances of resuming the bullish attack, due to the stability of the price within the bullish channel’s levels, besides the continuation of providing the positive momentum, which increases the chances for targeting $1065.00 level reaching the bullish channel’s resistance at $1080.00.

The expected trading range for today is between $1025.00 and $1065.00

Trend forecast: Bullish