Economies.com provides live technical analysis by experts with real-time technical updates. The analysis include Forex, Commodities, Futures and Stocks written by professional analysts.
EURGBP Pair Analysis and Forecast
Expected Scenarios
New negative close below the bearish channel’s resistance at 0.8585.
MA55 consolidates near this resistance, motivating negative
Natural Gas Price Analysis and Forecast
Expected Scenarios
Faced solid historical support at 1.540$ yesterday.
Formed strong positive rebound and tested 2.000$ barrier.
Turned back to fluctuate
EURJPY Pair Analysis and Forecast
Expected Scenarios
Stability above the bullish channel’s support line at 163.65.
Attempt to get rid of negative pressures to reinforce the chances of
Platinum Price Analysis and Forecast
Expected Scenarios
Platinum price still holding above 888.00$ support line, confirming keeping the bullish track.
Beginning to form bullish waves by settling
Copper Price Analysis and Forecast
Expected Scenarios
Copper price ended the temporary negative fluctuation by touching 3.9500$ level.
Formed a bullish wave, attempting to confirm keeping the
Wheat Price Analysis
Bearish Scenario
Wheat price provided positive trades but closed below the key resistance at 552.80$.
Price begins today with new decline, keeping the bearish trend
Sugar Price Analysis
Bullish Scenario
Sugar price finds difficulty to surpass the neckline of the double bottom pattern.
EMA50 forms good support to stop the decline and support the
Soybean Price Analysis
Bullish Scenario
Soybean price settles at the key support 1193.10$ and still above it until now.
Accompanied by witnessing clear positive signals through
Corn Price Analysis
Bearish Scenario
Corn price confirmed breaking 433.50$ level after closing yesterday below it.
Reinforcing the expectations of continuing the domination of the bearish