Platinum breaches the barrier – Analysis – 12-10-2018
Economies.com
2018-10-12 08:43AM UTC
Platinum price took advantage of stochastic positivity yesterday by forming bullish wave to breach 832.00 barrier, which supports getting rid of the intraday sideways range and attempt to build new bullish trades, expecting to target 855.00 followed by reaching the key resistance 871.00.
Stochastic attempt to approach 80 now reinforces the positive stability, to increase the chances of resuming the bullish attack and start recording the mentioned targets.
Expected trading range for today is between 832.00 and 855.00
Expected trend for today: Bullish
Commodities News
Commodities
Brent climbs 1.25% after Saudi crude price hike
2024-05-06 14:34PM UTC
International benchmark Brent rose 1.25% in the early American trade on track for the first profit ...
Commodities
Gold recovers as dollar loses ground
2024-05-06 09:32AM UTC
Gold prices rose in European trade on Monday for the first session in three days away from ...
Commodities
Oil prices reverse lower, with US crude slumping 7% this week
2024-05-03 19:36PM UTC
Oil prices fell on Friday to seven-week lows amid concerns about oversupplies after an unexpected ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Brent Oil Price Analysis Brent oil price is affected by stochastic positivity, trading ...
Commodities
Crude oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Crude Oil Price Analysis Crude oil price fluctuates positively to approach testing the key ...
Commodities
Silver price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Silver Price Analysis Silver price breached the 26.90$ level clearly and closed the last four ...