The pair returns to gain bullish bias by settling above the initial support level 129.00 for today achieving 131.90 since morning to approach from the main resistance level around 132.50.
We continue in expecting the positivity to achieve the main resistance level if 130.40 remains intact, supported by Stochastic rally towards the overbought level as appears in the above chart.
Expected trading range is between 130.40 and 132.50
Expected trend for today: bullish
The pair achieved bullish bias by holding above the support level 153.00 to record 156.25 facing the resistance as appears in the above chart, where the continuation of the bullish bias domination is expected if 153.00 remained intact.
Breaching above the current resistance level is expected to reach 157.65 affected by the bullish bias and supported by the stability of Stochastic in the overbought level, carefully note that a potential fluctuation is valid if the initial support level 154.90 remains intact
Expected trading range is between 155.00 and 157.60
Expected trend for today: bullish
In spite of platinum attempts to achieve the positivity, the price settles below the main resistance 1520.00 supported by 50% Fibonacci, keeping our bearish expectations to achieve 1460.00 followed by 1440.00
Stochastic attempts to support the current effected positivity to support the continuation of the sideways trading until the price becomes released and achieve the previously suggested targets.
Expected trading range is between 1520.00 and 1460.00
Expected trend for today: bearish
Copper kept the stability above the broken channel at 3.2800 to continue in its positive attempts since the morning trading to achieve the moving average 55 level around 3.4200
We notice that Stochastic attempts to get rid of the overbought level which allows the price to gain a momentum that supports visiting the moving average as a first target for it, in general, the stability of 3.2450 supports the continuation of the price attempts to achieve the positivity reaching to the main resistance around 3.5000
Expected trading range is between 3.2800 and 3.4200
Expected trend for today: bullish