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Platinum holds above the support – Analysis – 14-1-2020

Economies.com
2020-01-14 07:28AM UTC

Despite Platinum price recent weak trades, its consolidation within the bullish channel and the frequent stability above the initial support 950.00 supports the previously suggested bullish attempts.

 

Therefore, we will keep our bullish overview that targets 1025.00 that forms 23.6% Fibonacci correction level, and surpassing it might extend trades towards 1055.00 to press on the bullish channel’s resistance.

 

The expected trading range for today is between 950.00 and 1025.00

 

The expected trend for today: Bullish

The GBPJPY shows temporary sideways fluctuation – Analysis – 14-1-2020

Economies.com
2020-01-14 07:28AM UTC

The GBPJPY pair formed temporary sideways trades recently due to the lack of the positive momentum, noticing its stability below 143.80 barrier, noting that the price stability within the bullish channel –above 141.45 support line- allows us to wait to surpass the current barrier to start recording additional targets that might start at 144.30 followed by 145.60.

 

The expected trading range for today is between 142.35 and 143.80

 

The expected trend for today: Bullish

The EURJPY moves to the second positive level – Analysis – 14-1-2020

Economies.com
2020-01-14 07:28AM UTC

The EURJPY pair succeeded to surpass 122.50 level that formed solid barrier against the recent bullish attempts, to confirm moving to the second positive level by touching 122.75 level.

 

We remind you that the main bullish scenario depends on the price consolidation within the bullish channel, also, stochastic reach to the overbought areas will increase the chances of resuming the bullish attack, to attack 123.25 followed by 124.45 levels.

 

The expected trading range for today is between 122.30 and 123.25

 

The expected trend for today: Bullish

Hang Seng takes a breath – Analysis – 14-1-2020

Economies.com
2020-01-14 07:28AM UTC

Hang Seng index formed temporary negative rebound, attempting to take a breath after recording the positive target at 29133.00, while we should note that it is important to hold above the additional support 28678.00 to increase the chances of gathering new positive momentum followed by attempting to record new positive targets that might start at 29595.00 and 300070.00 levels.

 

The expected trading range for today is between 28700.00 and 29590.00

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of Platinum today?

The price of Platinum is $1469.90 (2025-07-11 23:54PM UTC)