Natural gas prices succeeded to surpass the negative pressures, fluctuating above the moving average 55, which reinforces forming extra support at $3.560 level, noting that achieving the required breach at $3.780 level is important to confirm its move to a new positive station, to begin recording extra gains by its rally towards $3.910 and $4.050.
While the return to settle below $3.560 will confirm delaying the bullish attack, which forces it to suffer some losses by reaching $3.460 and $3.330.
The expected trading range for today is between $3.560 and $3.910
Trend forecast: Bullish
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The EURJPY pair provided a positive signal by its rally above the barrier at 163.25, to record some gains by hitting the 163.90 level, to provide sideways trading to gather the positive momentum again.
We will depend on forming a new support base at 162.65 level, note that the attempt of surpassing 50 level will increase the chances for forming bullish waves, to expect reaching 164.20, to repeat the pressure on the resistance at 164.90.
The expected trading range for today is between 163.00 and 164.20
Trend forecast: Bullish
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The GBPJPY pair took advantage of suffering strong positive pressures, to notice surpassing the moving average 55 and providing strong pressures on the resistance of the sideways triangle at 193.45.
Noting that the stability above the support of the sideways track at 191.00 level, by the continuation of providing positive momentum by the positive momentum, these factors might assist breaching the mentioned resistance, opening a new way for the price to record more of the gains by reaching 194.60 reaching the achieved top at 195.85 level.
The expected trading range for today is between 191.80 and 194.00
Trend forecast: Bullish
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Platinum price continued forming weak sideways waves by its repeated fluctuation near the barrier at $983.00, which represents a strong obstacle against the attempts to regain the bullish bias.
The contradiction between the main indicators makes us wait for achieving the required breach, to reinforce the chances of renewing the bullish attempts that might target $1000.00 and $1017.00, while the repeated stability below the barrier might assist forming some bearish waves, which might force the price to suffer some losses by reaching the moving average 55 at $962.00.
The expected trading range for today is between $974.00 and $ 1000.00
Trend forecast: Bullish
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