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The EURJPY achieves some gains – Analysis – 30-5-2023

Economies.com
2023-05-30 05:45AM UTC

The EURJPY pair took advantage of the positive fluctuation above 149.80 to confirm its surrender to the domination of the correctional bullish bias, to notice achieving additional gains by rallying towards 151.05 followed by forming some sideways fluctuation affected by stochastic attempt to exit from the overbought areas.

 

We expect the continuation of the sideways fluctuation until gathering the positive momentum, to manage to hold above 149.80 level and attempt to record additional gains by moving towards 151.60 followed by reaching the next barrier at 152.25, to form the main target of the correctional bullish bias.

 

The expected trading range for today is between 150.00 and 152.25

 

The expected trend for today: Bullish

The GBPJPY provides positive signal – Analysis – 30-5-2023

Economies.com
2023-05-30 05:45AM UTC

The GBPJPY pair took advantage of the frequent stability within the bullish channel, forming new bullish wave to settle above the additional barrier 172.50, noticing achieving additional gains by reaching 173.95.

 

Stochastic continuous fluctuation within the overbought areas will increase the chances of gathering the positive momentum, to ease the mission of recording additional gains by rallying towards 174.65 and 175.40 levels.

 

The expected trading range for today is between 172.70 and 174.65

 

The expected trend for today: Bullish

Platinum price tends towards the negativity – Analysis – 30-5-2023

Economies.com
2023-05-30 05:44AM UTC

Despite the recent platinum price weak trades, its frequent consolidation near the MA55 confirms its surrender to the negative attempts, waiting to form new negative wave and move to the next negative level that might target 1000.00 followed by reaching the next main target at 965.00.

 

Now, stochastic fluctuation above 20 level might force the price to form additional sideways fluctuation until gathering the required negative momentum to achieve the suggested additional targets.

 

The expected trading range for today is between 1050.00 and 1000.00

 

The expected trend for today: Bearish

Copper price postpones the decline – Analysis – 30-5-2023

Economies.com
2023-05-30 05:43AM UTC

Copper price was affected by the stability of the historical support 3.5500, to force it to postpone the negative attack and form some correctional bullish waves to test the first additional barrier at 3.7000 and hold below it.

 

We expect the continuation of the fluctuation within tight range, affected by the contradiction between the major indicators, waiting to surpass one of the mentioned barriers to manage to detect the next trend, as breaking the current support will open the way to resume the decline and target 3.4300 as a next station, while surpassing 3.7200 resistance will confirm its affection by the domination of the correctional bullish bias, to expect moving towards 3.8500 direct.

 

The expected trading range for today is between 3.7200 and 3.5500

 

The expected trend for today: Sideways

Frequently asked questions

What is the price of EUR/JPY today?

The price of EUR/JPY is $172.3455 (2025-07-14 21:05PM UTC)