Platinum surrenders to the resistance stability – Analysis – 15-1-2021

Economies.com
2021-01-15 08:01AM UTC

No news for Platinum price that remains stable negatively below the bullish channel’s resistance at 1122.00, to keep the chances of forming correctional bearish trades in the near term and medium term period, as succeeding to gather the negative momentum will ease the mission of moving towards 1025.00 followed by extending the intraday losses towards 975.00 as a second target of the bearish bias.

 

The expected trading range for today is between 1122.00 and 1025.00

 

The expected trend for today: Bearish

Commodities News

Brent Oil News

Commodities

Brent backs off six-month peak as Iran-Israel war concerns subside
2024-04-15 13:18PM UTC
International benchmark Brent fell in European trade off six-month highs, trading below $90 a ...
Gold News

Commodities

Gold resumes gains near record highs
2024-04-15 10:03AM UTC
Gold prices rose in European trade on Monday, resuming gains after a hiatus on Friday and ...
Oil News

Commodities

Oil prices return higher on Middle East tensions
2024-04-12 12:44PM UTC
Global oil prices rose in European trade on Friday, resuming their advance and approaching ...

Commodities Technical Analysis

Technical Analysis

Commodities

Wheat price loses momentum – Forecast today - 16-04-2024
2024-04-16 04:03AM UTC
Wheat Price Analysis Expected Scenario Wheat price shows positive trades to test the ...
Technical Analysis

Commodities

Sugar price hits the target – Forecast today - 16-04-2024
2024-04-16 04:03AM UTC
Sugar Price Analysis Expected Scenario Sugar price succeeded to achieve our waited target ...
Technical Analysis

Commodities

Soybean price awaits more decline – Forecast today - 16-04-2024
2024-04-16 04:02AM UTC
Soybean Price Analysis Expected Scenario Soybean price settles below the bearish ...