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The EURJPY fluctuates within the bullish track– Analysis – 12-9-2023
The EURJPY pair succeeded to surpass the negative pressures, to keep the main stability within the bullish channel’s levels, to bounce from 156.60 level to settle near 157.60.
we will depend on the stability of the bullish channel’s support at 156.00, which represents the main factor to confirm the bullish scenario, to expect gaining the positive momentum in the current period, targeting 158.55 level to repeat the pressure on 159.60 obstacle.
The expected trading range for today is between 157.00 and 158.55
The expected trend for today: Bullish
The GBPJPY tests the support– Analysis – 12-9-2023
The GBPJPY pair ended the last bearish correctional rebound, by testing the minor bullish channel’s support at 182.65, to settle above it in order to reinforce the domination of the bullish scenario, the price needs a new positive momentum, to ease the mission of holding above 183.50 level, then reaching the positive stations at 184.30 reaching 185.20.
MorePlatinum price keeps the negativity– Analysis – 12-9-2023
In spite of Platinum price fluctuation near 905.00 level, but it couldn’t affect the main bearish track, due to its repeated stability below 50% Fibonacci correction level at 950.00.
MoreCopper price without any news– Analysis – 12-9-2023
Copper price kept its stability above the sideways triangle’s support at 3.6700, forming a new bullish wave, hitting 3.8000 level, we couldn’t confirm the main trend due to the strength of the barrier near 3.9000, which keeps us aside until the price succeed to surpass one of the main levels.
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