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The EURJPY jumps above the barrier – Analysis – 13-11-2023

Economies.com
2023-11-13 05:55AM UTC

The EURJPY pair took advantage of the frequent positive pressures to cancel the negative track by providing new positive close above 161.90, to notice recording additional gains by moving towards 162.20.

 

Also, stochastic crawl towards the overbought areas will increase the chances of gathering the additional positive momentum, allowing us to wait to achieve additional gains by surpassing 162.35 resistance to settle within the bullish channel and ease the mission of recording big gains that might start at 162.70.

 

The expected trading range for today is between 161.80 and 162.70

 

The expected trend for today: Bullish

The GBPJPY begins to rise – Analysis – 13-11-2023

Economies.com
2023-11-13 05:54AM UTC

The GBPJPY pair repeated the closings above the additional support 184.25, to notice the beginning of forming bullish waves and settle near 185.60, assuring the importance of gathering the additional positive momentum soon to ease the mission of reaching the next target at 185.90, while surpassing it will ease the mission of achieving new gains that might extend towards 186.75 to press on the previously recorded high.

 

Any attempt to decline below the mentioned support will postpone the positive rally to activate the correctional bearish track by moving towards 183.70 and 183.10 gradually.

 

The expected trading range for today is between 184.85 and 185.95

 

The expected trend for today: Bullish

Platinum price continues to decline – Analysis – 13-11-2023

Economies.com
2023-11-13 05:51AM UTC

Platinum price confirmed keeping the main bearish track to notice crawling below 61.8% Fibonacci correction level at 855.00, to approach the next negative target at 837.00.

 

The main stability within the bearish channel and the continuous negative momentum coming by the major indicators allow us to suggest more negative trades, to expect targeting 828.00 level soon, to form new additional support against the current trades.

 

The expected trading range for today is between 862.00 and 828.00

 

The expected trend for today: Bearish

Copper price moves away from the barrier – Analysis – 13-11-2023

Economies.com
2023-11-13 05:50AM UTC

Copper price succeeded to confirm the bearish scenario by providing new close near 3.5800, affected by the negativity of the MA55 that moves near 3.7300, also, stochastic moves within the oversold areas to increase the negative pressures, to keep waiting to attack 3.5000 support line, which breaking it will open the way to resume the negative attack, to expect moving towards 3.3700 direct.

 

The expected trading range for today is between 3.6100 and 3.5000

 

The expected trend for today: Bearish

Frequently asked questions

What is the price of EUR/JPY today?

The price of EUR/JPY is $172.3685 (2025-07-14 20:55PM UTC)