The pair fluctuates in sideways range since morning, making new attempt to breach 1.3400 level, while stochastic negativity causes the current sideways trading.

In general, our bullish overview remains valid and active unless 1.3295-1.3275 levels were broken.

Expected trading range for today is between: 1.3295 support and 1.3570 resistance.

Expected trend for today: Bullish

The pair hit 128.10 yesterday approaching from the waited target at 128.40, and start heading for positive levels by holding above the moving average, and to assure the domination of the bullish bias, we need a breach for 129.20 level to reach 131.20 level as a main target.

Stochastic supports the bullish bias by breaching 50 level as shown in the chart, thus, the indicators begin to meet by agreeing the near term expected bullish bias.

Expected trading range is between: 126.50 and 129.20

Expected trend for today: Bullish

The pair continues to show sideways bias recently to keep the stability of the upside channel’s support line at 147.60, and keep the bullish bias expected for the next period, and to achieve the expected positivity, we need bullish momentum to reach 151.00 level as a first target for the bullish bias.

Stochastic begins to form bullish wave to support the positive bias, but it needs to breach 50 level to support the continuation of trading within the upside channel to reach the mentioned targets.

Expected trading range is between: 148.30 and 151.00

Expected trend for today: Bullish

Platinum reached 1423.00 yesterday, and the bearish bias remains dominant on trading by holding below 1445.00 as an initial resistance level for the near trading, and we continue to expect bearish trend to reach 1415.00 followed by 1384.00 as a main target for the bearish trading.

We still wait for the negative momentum from stochastic which still stable in the oversold area, and support the expected bearish bias.

Expected trading range is between: 1440.00 and 1515.00

Expected trend for today: bearish