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
The pair rallied sharply to the upside surpassing 0.9400 level and stops at the resistance line that appears in the image at 0.9500, accompanied with stochastic entering the overbought levels, which offers chances for a downside bounce from the current levels, but we need to stop aside temporarily to be sure of the price behavior according to 0.9500 resistance and 0.9400 support, as a breach to the mentioned resistance will open the way for more positive actions that might reach to 0.9800, while breaking the support will bring back the negative scenario.
Expected trading range for today is between: 0.9370 support and 0.9600 resistance.
Expected trend for today: Neutral