The EURJPY fends Off stochastic’s negative pressure – Forecast today – 10-11-2026

GBPJPY demonstrated its ability to withstand negative pressure during yesterday’s trading, pushing once again above the 212.00 level in an attempt to strengthen its chances of recording further gains in the near term. If the pair posts another positive close above 212.00, supported by positive momentum from stochastic, the likelihood of retesting the resistance barrier near 213.50 will increase. We will then monitor the price reaction, given the importance of this level in determining the overall trend of upcoming trading.

Platinum price has once again responded to the positive signals from stochastic, breaking above the additional barrier at $1550.00 yesterday, signaling its readiness to record further gains in the near term. We expect trading to move toward $1610.00, with positive momentum potentially extending gains toward $1655.00, which represents the main target for current trading.

Copper continued to post upward corrective trades, but its repeated positioning below the additional barrier at $6.4200 supports the dominance of the bearish bias in the near and medium terms. We currently emphasize the importance of gathering negative momentum, which could facilitate a move toward the bearish targets, starting at $6.2100 and extending to the support level at $6.1000.