No news for Platinum price that keeps moving between 935.00 support and the moving average 55 that continues to form an obstacle against the bullish rally by consolidating around 960.00 level, thus, we will remain neutral until surpassing one of the mentioned levels and manage to detect the main targets mentioned in our previous report.
Expected trading range for today is between 960.00 and 935.00
Expected trend for today: Neutral
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The GBPJPY pair continued to provide new sideways trades below 150.80 barrier, to increase the chances of forming negative trades in the near term and medium term period, while confirming the negativity requires crawling below the moving average 55 to ease the attempt to reach 149.00 level that forms the first negative target.
MoreThe EURJPY pair provided new positive close above the moving average 55 that forms initial support around 131.00, confirming the affection by the bullish bias, while stochastic approach to 80 level eases the attempt to gather the required positive momentum to resume the bullish attack and wait to reach 132.20.
MoreEADs shares price (Airbus) showed clear stability above the initial support at 91.60, confirming keeping the bullish bias domination, also, the price stability within the bullish channel increases the chances of gathering the bullish momentum in the near term period, to start forming new bullish trades and target 98.40 followed by 102.10 levels.
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