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Platinum still stuck – Analysis – 19-10-2017

Economies.com
2017-10-19 07:42 UTC

No news for Platinum price that remains stuck between the main levels represented by 910.00 support and 946.00 resistance, expecting to witness mixed sideways trading in the near term period until managing to surpass one of the mentioned levels.

 

We remind you that the continuation of the positivity will push the price to surpass the current barrier to open the way to record more positive targets that start at 980.00 followed by 1020.00, while breaking the support will reinforce the negative pressures and suffer more losses by reaching 870.00.

 

Expected trading range for today is between 910.00 and 946.00

 

Expected trend for today: Sideways

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Copper needs new momentum – Analysis – 19-10-2017

Economies.com
2017-10-19 07:42 UTC

Copper price continued to provide weak sideways trading due to lacking the positive momentum, noticing the stability around 3.1700, while the price might move to test the initial support at 3.0800, waiting to gather the bullish momentum again to manage to resume the bullish attack by moving towards 3.3200 followed by reaching the bullish channel's resistance around 3.4200.

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Bitcoin recovers – Analysis - 19-10-2017

Economies.com
2017-10-19 03:46 UTC

Bitcoin price bounced upwards strongly after approaching from 5000.00 barrier yesterday, as it showed bearish correction for the rise measured from 2972.00 to 5846.40, leaning well on 23.6% Fibonacci correction level to resume the main bullish track again.

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USDCHF tests the resistance – Analysis - 19-10-2017

Economies.com
2017-10-19 03:46 UTC

The USDCHF pair continued its positive trading to test the key resistance 0.9815 and keeps its stability below it until now, which keeps the bearish trend scenario valid until now, waiting to break 0.9700 level to confirm the continuation of the bearish bias towards 0.9625 followed by 0.9578, which represent our next main targets.

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