Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

The EURJPY is facing negative pressure– Forecast today – 6-11-2025

Economies.com
2025-11-06 05:23AM UTC

The EURJPY pair faced 175.70 level in its last corrective decline, which formed extra support, to reduce the negative effect by its stability, by the above image, we notice its rally above 177.05 barrier.

 

The price needs a new bullish momentum to allow it to provide a new positive close above 177.05 level, to reinforce the efficiency of the bullish track by its rally towards 177.95 and 178.75.

 

The expected trading range for today is between 176.65 and 177.95

 

Trend forecast: Bullish

The GBPJPY attempts to recover some losses – Forecast today – 6-11-2025

Economies.com
2025-11-06 05:22AM UTC

The GBPJPY pair leaned on the moving average 55, pushing it to form some bullish waves by targeting 201.10 level, attempting to recover some of the recently achieved losses.

 

We couldn’t confirm the bullish attack as there are several barriers near 201.75 and 202.40, and the continuation of the fluctuation below 50 level might increase the negative pressure, to keep preferring the bearish corrective track, to target 200.25 level reaching 198.70.

 

The expected trading range for today is between 200.20 and 201.60

 

Trend forecast: Bearish

 

Platinum price is without any news– Forecast today – 6-11-2025

Economies.com
2025-11-06 05:21AM UTC

Platinum price remains confined until this moment between $1605.00 barrier and $1525 support, which represents a solid obstacle against the attempts of resuming the suggested bearish decline.

 

The contradiction between the main indicators makes us stay neutral and wait for surpassing one of these levels to confirm the expected trend in the near and medium trading, reminding you that breaking the support and holding below it will force the price to suffer extra losses that might extend to $1485.00 and $1440.00.

 

The expected trading range for today is between $1530.00 and $1600.00

 

Trend forecast: Neutral

 

 

Copper price repeats the negative fluctuation– Forecast today – 6-11-2025

Economies.com
2025-11-06 05:21AM UTC

Copper price kept forming temporary corrective trading, affected by the continuation of the contradiction between the main indicators, besides the negative stability below $5.2000.

 

Therefore, we expect the continuation of providing mixed trading, and there is a chance for testing the extra support at $4.7500, noting that the price success in surpassing the barrier and holding above it will open the way for recording extra gains that might begin at $5.3200.

 

The expected trading range for today is between $4.7500 and $5.0500

 

Trend forecast: Bearish