The EURJPY pair activated with the positive factors yesterday, achieving some targets by reaching 183.15 level, attempting to take a breather by its sideways fluctuation near 182.35.
Note that the bullish scenario will remain valid, depending on the stability of the support at 180.80, and providing bullish momentum by the main indicators will increase the chances of recording extra gains that might extend towards 183.40 reaching 61.88% Fibonacci corrective level at 184.05.
The expected trading range for today is between 181.80 and 184.05
Trend forecast: Bullish
Thanks for your feedback.
The GBPJPY pair failed to settle above 209.15 barrier, providing mixed trading due to the contradiction between the negative stability and providing bullish momentum by the main indicators, to settle near 208.65.
MorePlatinum price began receiving bullish momentum due to stochastic rally above 50 level, accompanied by the moving average 55 attempt to form extra support by its stability below the current trading, to begin forming bullish waves and settle near $2090.00.
MoreCopper price ended the last corrective trading by reaching $5.5900 level, to keep its stability above $5.5100 support, attempting to surpass the negative pressure to notice its rally towards $5.7300.
More