Platinum resumes rising – Analysis – 12-9-2019
Platinum price begun gathering a new positive momentum due to stochastic approach from the overbought level, to reinforce the bullish suggestion in the near and medium period, the stability of the initial support at 910.00 increases the efficiency of the bullish scenario, to keep waiting for reaching to the positive stations, which are located at 980.00 and 1025.00.
Note that the price attempt to reach below the initial support will force it to delay the bullish attack, to begin forming negative correctional trading, to suffer some of losses by reaching 860.00.
The expected trading range for today is between910.00 and 980.00
The expected trend for today: Bullish
The GBPJPY repeats the positive closes – Analysis – 12-9-2019
The GBPJPY pair keeps its positive stability above 132.60 level, which forms the extra support against the bullish trading, stochastic reach to the overbought level will increase the positive pressure, to reinforce our bullish expectation that targets currently surpassing 133.60 level and reaching to the next target at 134.50.
The expected trading range for today is between 132.70 and 134.50
The expected trend for today: Bullish
The EURJPY keeps the positivity – Analysis – 12-9-2019
The EURJPY pair confirmed the continuation of the bullish bias domination by testing the initial support at 118.40 and forming a strong bullish rebound, to settle near 119.10, in spite of the contradiction of the main indicators until this moment, but that will not decelerate the bullish attempts that targets 120.05 and 120.65 level.
The risk of the changing the current trend by the price reach below the mentioned initial mentioned support, to confirmed its surrender to the bearish bias domination, to renew the attempts for pressing on the critical support at 116.10
The expected trading range for today is between 118.80 and 120.05
The expected trend for today: Bullish
France- Carrefour begins with a strong positive action – Analysis – 12-9-2019
Carrefour price succeeded to form a new support level at 15.18, to get advantage by forming a new positive rally, to settle near 16.90 level, the price gets positive momentum from surpassing the oversold level and its rally above 50 level, to reinforce the bullish attempt in the near and medium period trading.
Therefore, we will keep preferring the bullish attempts that targets the moving average 55 at 17.75 initially, and surpassing this barrier will make it succeed to target new positive levels by reaching 19.15.
The expected trading range for today is between 16.20 and 17.75
The expected trend for today: Bullish