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The EURJPY approaches the initial barrier– Forecast today – 16-9-2026
The EURJPY pair kept providing bullish corrective trading since yesterday, benefiting from stochastic’ attempt of surpassing 50 level, recovering some losses by approaching the initial barrier at 179.10 level.
The contradiction of the main indicators might push it to provide mixed trading, the stability below the main barrier at 180.80 makes us keep the main bearish trend. Gaining negative momentum makes us expect forming bearish waves to target 178.40 and 177.35 level.
The expected trading range for today is between 178.40 and 179.65
Trend forecast: Fluctuating
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The GBPJPY recovers some losses– Forecast today – 16-9-2026
The GBPJPY pair activated with stochastic positivity since yesterday, forming some bullish corrective waves to recover some losses to reach 209.45, noting that the stability below 210.40 barrier confirms the continuation of the negativity in the upcoming trading, which makes us wait for gathering negative momentum, to begin targeting negative stations by reaching 208.10 followed by 206.85.
MorePlatinum price is unchanged– Forecast today – 16-9-2026
Platinum price remains confined until this moment between $1705.00 support, while $1840.00 level keeps forming strong barrier against the attempts of activating the bullish trend.
MoreCopper price leans above the 55- level moving average– Forecast today – 16-9-2026
Copper price began to surpass the negative pressures after facing the 55-level moving average near $6.2500, to begin forming bullish waves and holding near $6.3700.
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