Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

The EURCHF takes advantage of stochastic positivity – Forecast today – 3-4-2024

Economies.com
2024-04-03 05:37AM UTC

Expected Scenarios:

  1. The EURCHF pair confirms keeping the main bullish track.
  2. New close is provided above the additional support at 0.9690.
  3. Stochastic positive momentum signals are observed.
  4. A strong positive rally was formed yesterday, reaching 0.9785.
  5. Major indicators continue to provide positive momentum.
  6. Expectation of a bullish rebound and targeting 0.9810 soon.
  7. Attempt to press on 0.9845 resistance to resume positivity in the upcoming period.

Expected Trading Range:

  • The expected trading range for today is between 0.9745 and 0.9810.

Trend forecast: Bullish

No news for natural gas price – Forecast today – 3-4-2024

Economies.com
2024-04-03 05:37AM UTC

Expected Scenarios:

  1. Natural gas price is still affected by the contradiction between major indicators.
  2. It continues to form weak waves by settling near the $1.860 level.
  3. Success in holding above $1.810 might motivate the bullish track for now.
  4. Expectation of attacking the $2.000 barrier.
  5. If the $2.000 barrier is surpassed and held above, it will confirm the move to the bullish track.
  6. Expectation of forming a strong bullish rally targeting positive stations starting at $2.150 and $2.250.

Expected Trading Range:

  • The expected trading range for today is between $1.800 and $2.000.

Trend forecast: Bullish

Platinum price renews the positive action – Forecast today – 3-4-2024

Economies.com
2024-04-03 05:31AM UTC

Expected Scenarios:

  1. Platinum price confirms its surrender to the domination of the previously suggested bullish bias.
  2. It surpasses the MA55 at $913.00 and approaches the first main target at $932.00.
  3. Major indicators provide positive momentum, increasing the positive pressures on the price.
  4. Additional gains might extend towards the $950.00 barrier soon.
  5. Surpassing $950.00 will push the price to $983.00 as the next main station for the upcoming trading.

Expected Trading Range:

  • The expected trading range for today is between $915.00 and $950.00.

Trend forecast: Bullish

Copper price awaits to surpass the barrier – Forecast today – 3-4-2024

Economies.com
2024-04-03 05:30AM UTC

Expected Scenarios:

  1. Copper price continues to fluctuate within the bullish track, touching $4.1000 level and settling near it.
  2. Main stability is observed above the additional support at $3.9500.
  3. Stochastic continuous positive momentum signals suggest surpassing the $4.1500 barrier soon.
  4. This could open the way to resume the bullish attack and reach new main stations, starting at $3.3000 followed by $3.4200.

Expected Trading Range:

  • The expected trading range for today is between $4.0500 and $4.3000.

Trend forecast: Bullish