The EURNZD gathers some gains– Forecast today – 28-8-2025
AI Summary
- EURNZD reached strong resistance at 2.000 level, targeting 1.9790 to resist negative pressure
- Price stability within bullish channel levels confirms positivity, expecting rally to 1.9960
- Expected trading range for today is between 1.9820 and 1.9960, trend forecast is bullish
The EURNZD reached strong resistance at 2.000 level, which forces it to activate the attempts of gathering the gains by targeting 1.9790 level, to resist the negative pressure by its rally to 1.9770.
Note that the stability of the price within the bullish channel’s levels by the attempt of forming extra support at 1.9760 level, these factors help to confirm the continuation of the positivity, to expect the price rally to 1.9960, then attempt to breach the resistance to record new gains in the upcoming period.
The expected trading range for today is between 1.9820 and 1.9960
Trend forecast: Bullish
The EURJPY is without any new– Forecast today – 28-8-2025
The EURJPY pair needs positive momentum until this moment by the continuation of the contradiction between the main indicators, which forces it to form an intraday decline to 171.10, reminding you that the stability of the trading above extra support at 170.45 reinforces the chances for activating the bullish attack, gathering the positive momentum makes us expect forming a strong rally, to target 172.45 level directly, attempting to surpass the barrier at 173.40 to confirm the continuation of the positivity in the upcoming period trading.
The expected trading range for today is between 170.90 and 173.40
Trend forecast: Bullish
The GBPJPY settles above the support– Forecast today – 28-8-2025
The GBPJPY pair didn’t move anything since yesterday’s trading, forming sideways fluctuation by its stability near 199.00, attempting to gather more of the required targets at 200.80 and 201.55 level.
Note that the price declined below the extra support at 197.85 and holding below it, so that will confirm delaying the bullish attack, forcing it to suffer some losses by reaching 197.10 followed by the moving average 55 at 196.20.
The expected trading range for today is between 198.20 and 200.80
Trend forecast: Bullish
Platinum price prefers the positivity– Forecast today – 28-8-2025
Despite the weakness of Platinum price last trading, its stability above the support at $1320.00, forming extra support by the moving average 55 at $1340.00, these factors make us keep the previously suggested scenario.
Providing bullish momentum by stochastic will increase the chances of surpassing the obstacle at $1355.00 level, to open the way for recording big losses that might begin at $13565.00 and $1383.00.
The expected trading range for today is between $1340.00 and $1383.00
Trend forecast: Bullish