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The EURCHF settles below the resistance– Forecast today – 17-4-2026
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
The EURJPY remains bullish– Forecast today – 17-4-2026
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.
MoreThe GBPJPY repeats the sideways fluctuation– Forecast today – 17-4-2026
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.
MorePlatinum price provides temporary sideways trading– Forecast today – 17-4-2026
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.
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