Platinum keeps its negative stability – Analysis – 18-7-2017
Economies.com
2017-07-18 07:28AM UTC
Platinum price tests the critical resistance at 935.00 and bounces lower from there, keeping the bearish trend valid in the upcoming period, supported by the negative pressure that comes from the EMA50, besides the negative signal that appears clearly by stochastic.
Therefore, the bearish bias will remain preferred unless breaching 935.00 and holding above it, reminding you that our waited targets begin by breaking 886.00 to confirm the extension of the bearish wave to 845.00 then 815.00.
Expected trading range for today is between 935.00 and 886.00
Expected trend for today: Bearish
Commodities News
Commodities
Oil prices reverse lower, with US crude slumping 7% this week
2024-05-03 19:36PM UTC
Oil prices fell on Friday to seven-week lows amid concerns about oversupplies after an unexpected ...
Commodities
Gold under pressure ahead of US jobs data
2024-05-03 08:37AM UTC
Gold prices fell in European trade on Friday, extending losses for the second straight session and ...
Commodities
Gold gains ground as dollar dips while traders digest Fed's decisions
2024-05-02 18:30PM UTC
Gold prices rose on Thursday as the dollar fell against most major rivals, while investors digest ...
Commodities Technical Analysis
Commodities
Wheat price begins negatively – Forecast today - 06-05-2024
2024-05-06 04:09AM UTC
Wheat Price Analysis Expected Scenarios Wheat price provided strong positive trades in the ...
Commodities
Sugar price within sideways range – Forecast today - 06-05-2024
2024-05-06 04:09AM UTC
Sugar Price Analysis Expected Scenarios Sugar price fluctuates within sideways range as ...
Commodities
Corn price under the negative pressure – Forecast today - 06-05-2024
2024-05-06 04:09AM UTC
Corn Price Analysis Expected Scenarios Corn price couldn’t manage to hold for long time ...