The EURCHF remains stable until this moment below the resistance at 0.9310, to confirm its surrender to the main bearish trend dominance, however the contradiction of the main indicators pushed it to form weak trading by its fluctuation near 0.9230.
The price needs a new negative momentum to ease the mission of reaching below the moving average 55 that is represented by 0.9190 level, to ease the mission of targeting negative stations at 0.9140 and 0.9080.
The expected trading range for today is between 0.9190 and 0.9250
Trend forecast: Bearish
Despite the neediness of the positive momentum by the EURJPY pair, however its stability above 186.90 level supports the continuation of the positivity, attempting to record new gains by reaching 187.90 level. Gaining positive momentum makes us expect to form new bullish waves, to reach 188.35 followed by reaching the next main target at 188.80.
While facing negative pressure and reaching below 186.90 level will force it to delay the bullish trend and begin gathering gains by targeting 186.15 and 185.80 level initially.
The expected trading range for today is between 187.00 and 188.85
Trend forecast: Bullish
The GBPJPY pair needs positive momentum until this moment, forcing it to form weak sideways trading by its stability near 215.40, note that the stability of the trading above the initial support at 214.15 in the current period, to confirm the continuation of the positivity, which might target 216.20 level reaching 217.00.
While facing negative pressure and reaching below 214.15 will push it to activate the bearish corrective track, to expect suffering several losses by reaching 213.60 and 213.30.
The expected trading range for today is between 214.55 and 216.20
Trend forecast: Bullish
Platinum price was forced to delay the bullish trend and providing weak sideways trading by its fluctuation near 2075.00 level due to the contradiction of the main indicators, specifically by stochastic exit from the overbought level as appears in the above image.
Which will not affect the main bullish scenario due to the continuation of forming the initial main support at $1950.00 level, the stability of the moving average 55 below the current trading will help it to confirm its confinement within the bullish track, to keep waiting for gathering positive momentum and reaching the next positive target near $2205.00
The expected trading range for today is between $2030.00 and $2145.00
Trend forecast: Bullish