|
The EURJPY postpones the rise – Forecast today – 18-6-2026
The pair’s price did not hold for long above the firm barrier at 185.80, affected by the negative US data, which forced it to postpone the bullish attack and form negative corrective waves, targeting the 184.60 level.
We highlight the importance of maintaining trading above the additional support level located at 184.20, as this would enhance the chances of the price renewing its bullish attempts by moving soon toward 185.50 and then resuming pressure on the previously mentioned barrier. However, a decline below the support and a negative close would force the price to incur additional losses, initially moving toward 183.55.
The expected trading range for today is between 184.35 and 185.80
Trend forecast: Bullish
Thanks for your feedback.
The GBPJPY fails to break the resistance – Forecast today – 18-6-2026
The pair’s price maintained its position below the firm resistance at 215.50 during yesterday’s trading, forcing it to form several corrective waves by targeting the 213.15 level, before attempting to stabilize again above the initial support level located at 213.50.
MorePlatinum price leans toward negativity – Forecast today – 18-6-2026
Platinum price maintained its recent trading position below the firm barrier at 1865.00$, confirming its commitment to the downward corrective attempts. It has slipped toward 1720.00$, approaching the first target suggested in the previous report.
MoreCopper price shows no new developments – Forecast today – 18-6-2026
There are no new developments in copper prices so far, as they continue to stabilize repeatedly near the 6.3500$ level due to their continued trading below the firm resistance at 6.6000$. This increases the chances of the price soon moving into new downward corrective trades.
More