The EURJPY confirms the breach – Analysis – 20-7-2022
The EURJPY pair confirmed breaching 140.10 resistance to notice forming bullish waves and reach 141.75, to hint surrendering to the domination of the bullish bias again.
Note that it is important to gather the additional positive momentum to assist to renew the bullish attempts to target 142.20 level initially, while surpassing it might extend trades in the upcoming period towards 142.90 and 143.85 levels.
The expected trading range for today is between 140.50 and 142.20
The expected trend for today: Bullish
The GBPJPY presses on the barrier – Analysis – 20-7-2022
The GBPJPY pair repeated forming positive trades, attempting to press on the additional barrier at 166.00 in order to find a way to resume the main bullish attack in the near term and medium term period.
We will depends on the stability of 164.60 level that forms additional support against the bullish attempts in addition to stochastic positive momentum signals, waiting to achieve the breach followed by reaching the main targets at 167.10 and 167.85.
The expected trading range for today is between 165.30 and 167.10
The expected trend for today: Bullish
Platinum price resumes the rise – Analysis – 20-7-2022
Platinum price repeated forming positive trades to confirm its surrender to the domination of the correctional bullish bias, to notice its fluctuation above 880.00 obstacle, also, 850.00 level forms additional support to allow us to keep the bullish overview until reaching the positive stations represented by 900.00 and 925.00 levels.
The expected trading range for today is between 865.00 and 925.00
The expected trend for today: Bullish
Copper price gains new momentum – Analysis – 20-7-2022
Copper price gained new positive momentum by stochastic reach to 80 level, to reinforce the previously suggested correctional bullish track and notice its consolidation near 3.3500, expecting to form new bullish waves to manage to reach the next target at 3.5000, which surpassing it will open the way to achieve additional gains that might start at 3.6300.
The expected trading range for today is between 3.2000 and 3.5000
The expected trend for today: Bullish