The pair returns to the positive attempts to test 1.2900, and remains stable below it, where it is effected by Stochastic positivity, while our overall expectations for the bearish trend remain valid for today unless achieving a breach and stability above 1.2990

Expected trading range for today is between: 1.2700 support and 1.2970 resistance.

Expected trend for today: Bearish

The pair achieved 133.80 yesterday achieving the suggested target around 133.20 to settle below 38.2% Fibonacci to notice the price affection by strong bullish wave that settles through it around the initial support level 130.90

The correctional bearish bias effect continues to record 130.90, as breaking this level will allow the price gain new negative momentum to achieve 130.35 then 129.30, we notice that Stochastic sharp decline from the overbought level towards 20 level supporting the bearish overview for today’s trading.

Expected trading range between 132.00 and 129.30

Expected trend for today: bearish

The bearish bias effect continues on the pair’s trading if the price settled below the broken support level providing a bearish bias in yesterday’s trading around the moving average 55 around 154.45 which almost represents the suggested target in the previous report.

We notice the continuation of the bearish bias effect since the morning trading to surpass the moving average heading towards the main target 152.85, supporting Stochastic decline sharply as appears in the above chart.

Expected trading range between 154.50 and 152.85

Expected trend for today: bearish

Platinum continues in attempts to settle below 1460.00 to resume the main bearish bias if the main resistance level 1520.00 remained intact, but we notice the domination of the sideways trading, thus we are waiting for confirming the bearish bias by getting a four hours candlestick close below 1460.00 reaching the suggested targets around 1425.00 then 1440.00

We notice the stability of Stochastic in an intraday positive level which supports the dominant sideways trading until confirming the bearish bias in the near period.

Expected trading range between 1485.00 and 1425.00

Expected trend for today: bearish