|
The EURJPY gets the positive momentum – Forecast today – 13-9-2024
The EURJPY pair started to get the positive momentum to notice the attempt of settling above 156.40 support line, to keep our correctional bullish overview that targets 157.40 followed by attempting to press on 158.00 barrier in order to find a way to resume the bullish correction in the upcoming period.
On the other hand, failing to hold above the current support might force it to activate the negative attack again, to start targeting new negative stations by crawling towards 155.30 followed by reaching 153.00 on the medium-term basis.
The expected trading range for today is between 156.00 and 158.00
Trend forecast: Bullish
Thanks for your feedback.
The GBPJPY faces new support– Forecast today – 13-9-2024
The GBPJPY pair touched 186.75 level and returned to form some negative waves, facing new additional support at 185.00, to decrease the chances of suffering any new losses now, also, stochastic begins to provide the positive momentum to allow us to keep the positive overview for now, which might target 187.25 and 187.75 levels.
MorePlatinum price tends to resume the rise – Forecast today – 13-9-2024
Platinum price touched the positive target at 983.00$ this morning, to notice the attempt to settle above it in order to confirm the domination of the bullish bias in the upcoming period.
MoreCopper price fluctuates below the moving average – Forecast today – 13-9-2024
Copper price still stable below the MA55 until this moment, which forms additional barrier at 4.2400$, to reinforce the chances of activating the previously suggested negative track, also, stochastic reach to the overbought areas confirms getting rid of the negative pressures, to expect the beginning of forming some bearish waves to target 4.0250$ followed by reaching 3.9000$, reminding you that breaching 4.3200$ resistance will cancel the negative overview and open the way to achieve some gains before reaching the waited negative stations.
More