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EUR JPY settles at the support 6/3/2013
The pair settles in tight range above the support level to keep the positive trading until this moment, we remain in our positive expectation to achieve 122.60 followed by 123.70 conditioned by the support level 121.00.
The price must get rid of the sideways range that is controlling the trading currently to achieve the suggested targets; Stochastic supports the positive expectation by holding above 50 level.
Expected trading range is between 122.60 and 121.00
Expected trend: bullish
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GBP JPY moves calmly 6/3/2013
The pair continued in its bullish bias to settle around 141.10 calmly without achieving the suggested targets at 142.20, and by the chart we notice the stability of the price within the bullish channel, therefore we remain in our previous expectation to reach 142.20 if the channel’s support level settled at 140.40 today.
MorePlatinum is above the support 6/3/2013
Platinum remains in its positive level by settling above 1560.00, which represents the initial support level for the current trading.
MoreCopper settles below the support 6/3/2013
Copper attempted to breach above the broken support level at 3.500 in yesterday’s trading as appears in the chart, to settle with a daily close below the support level.
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