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Platinum price repeats the positive closes– Analysis – 10-11-2021

Economies.com
2021-11-10 05:58AM UTC

No change on Platinum price’s track by the continuation of providing positive closes above the critical support level at 1030.00, therefore, we will keep waiting for the price interaction with the positivity of the main indicators, to succeed to breach the barrier at 1072.00, to begin recording extra targets that might begin at 1105.00 reaching to 1154.00 in the upcoming period trading. 

 

The expected trading range for today is between 1042.00 and 1072.00

 

The expected trend for today: Bullish

The CADJPY begins the decline– Analysis – 10-11-2021

Economies.com
2021-11-10 06:02AM UTC

The CADJPY price surrendered to the bearish bias domination, due to its repeated stability below the extended resistance at 92.05, to suffer some of the losses by reaching 90.35, the negative momentum that comes from stochastic by reaching the oversold level makes us expect resuming the negative attempts to target 89.80 level reaching the next support at 89.05.

 

The expected trading range for today is between 91.35 and 89.80

 

The expected trend for today: Bearish

 

The Japanese index surrenders to the stability of the barrier– Analysis – 10-11-2021

Economies.com
2021-11-10 06:01AM UTC

The Japanese index’s price failed to record any new positive target, affected by the strength of the barrier at 30750.00, to force it to form some of the negative trading, to settle near 29110.00.

 

We will depend on forming an extra support at 28450.00 level to increase the chances for renewing the bullish attempts until breaching the mentioned barrier then begin targeting new historical stations that begin at 31400.00 and 31840.00.

 

The expected trading range for today is between 28450.00 and 30700.00

 

The expected trend for today: Bullish

 

The EURJPY in its way to resume the decline – Analysis – 10-11-2021

Economies.com
2021-11-10 05:59AM UTC

The EURJPY pair provided a new negative close below 23.6% Fibonacci correction level at 130.85, to confirm its surrender to the domination of the expected bearish bias, stochastic fluctuation near 20 level makes us prefer more of the negative attempts, that might target 130.45 reaching to the next support at 129.90.

 

The expected trading range for today is between 131.10 and 130.45

 

The expected trend for today: bearish