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The EURJPY achieves first corrective target – Forecast today – 3-11-2026
The pair remains under the influence of the corrective bullish bias, moving further away from the main support level at 174.95, to begin recording the first previously anticipated corrective target at 177.25.
The price still has an opportunity to record further gains, supported by the positive momentum from stochastic, attempting to retest the additional resistance barrier at 178.10. On the other hand, activating a new bearish move will require the price to break the mentioned support level and hold beneath it, strengthening the chances of targeting new bearish levels starting at 174.00 and 173.50.
The expected trading range for today is between 176.20 and 178.10
Trend forecast: Bullish
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The GBPJPY tests resistance – Forecast today – 3-11-2026
The pair retested the resistance level at 212.00 during yesterday’s trading, before closing negatively below it. This came amid the presence of the 55-period moving average near this resistance, limiting the pair’s chances of shifting into an uptrend. Therefore, we will continue to wait for the price to gather negative momentum, which could activate bearish attempts targeting 210.40 initially, followed by the support barrier at 209.10.
MorePlatinum price awaits breakout confirmation – Forecast today – 3-11-2026
Platinum prices continued to trade sideways, fluctuating near the resistance barrier at $1440.00, amid conflicting signals from the main indicators on the short-term timeframe. We note that repeated trading below the initial resistance level at $1555.00 reinforces the continuation of the bearish trend in the near and medium term.
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