Suggested Scenarios and Trading Range Analysis Scenario: Potential Reversal to Bullish Momentum The platinum price continued its correctional bearish waves yesterday, experiencing significant losses as it reached $901.45. However, it rebounded positively, influenced by stability above the major support level at $895.00. Additionally, stochastic indicators have exited the oversold areas. Instability may arise due to the contradiction of the MA55,...

CADJPY Price Analysis Expected Scenario The CADJPY price kept its consolidation within the bullish channel that appears on the chart, noticing stability above the additional support at 111.90 and motivating the bullish rally by recording big gains reaching 113.20. Stochastic stability within the overbought areas will increase positive pressures on the price, maintaining our bullish overview. This might target 113.70...

Suggested Scenarios and Trading Range Analysis Scenario 1: Continuation of Bearish Momentum The copper price has been influenced by stochastic negativity, leading to the postponement of bullish trades and the initiation of a correctional bearish trajectory. Yesterday, it crawled towards $4.3760, approaching the first target outlined in our previous report. Frequent stability below $4.5400 reinforces the correctional bearish bias. Continuous...

Natural Gas Price Analysis Expected Scenario Natural gas price provided new positive close above 2.000$ level, confirming moving to the bullish track and noticing its fluctuation above the MA55 to settle near 2.130$. The major indicators provide the positive momentum to push the price to form a strong bullish rally in the near-term period, to expect surpassing the first target...