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Platinum remains bullish – Analysis – 16-9-2019
Platinum price confirmed its affection by the bullish bias domination by providing repeated positive closes above 915.00 level, to keep the results of the inverted double top pattern, we expect renewing the bullish attempts by gaining extra positive momentum to target 980.00 level, and surpassing it will extend the trading to test 23.6% Fibonacci correction level at 1025.00.
The continuation of stochastic attempt to reach the overbought level supports our bullish suggestion, to increase the efficiency of the positive attack until reaching the waited targets.
The expected trading range for today is between 920.00 and 980.00
The expected trend for today: Bullish
The GBPJPY attempts to resume the bullish attack – Analysis – 16-9-2019
The GBPJPY pair get advantage from the positive pressures in the last period trading, to notice forming a new bullish rally, surpassing the barrier ay 133.70 and achieving a new target by hitting 135.10 level, in spite of the price current rebound to the downside, but the continuation of forming an extra support at 133.70 level will increase the chances for resuming the positivity, which might target 136.60 level in the near period.
MoreThe EURJPY ended the bullish rebound – Analysis – 16-9-2019
The EURJPY pair ended its positive rebound by hitting 120.05 level, which represents 38.2% Fibonacci correction level that appears in the above image, the continuation of this barrier stability will force the price to form several negative waves to target 118.45 reaching to 117.25 level in the upcoming period trading.
MoreBritain- Dixons shares keeps the positive attempts – Analysis – 16-9-2019
Dixons shares price confirmed the continuation of the bullish bias domination by forming a bullish wave recently, to press on the initial barrier at 124.00, and the stability of the trading above the moving average 55 makes us expect renewing the bullish attempts until breaching the current barrier, to begin recording several positive targets by its rally to 126.10 and 131.35.
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