The EURJPY prepares for new decline – Analysis – 30-11-2022
The EURJPY pair repeated its negative fluctuation below 143.80 level, to confirm postponing the bullish attack and attempt to resume the correctional bearish bias by moving towards 143.00 yesterday, also, stochastic continues to provide the negative momentum to force the price to form new negative waves in order to reach the bullish channel’s support at 142.00.
Note that breaking the major support will confirm moving to the bearish track, to expect suffering big losses that might start at 141.40.
The expected trading range for today is between 144.00 and 142.00
The expected trend for today: Bearish
The GBPJPY repeats the negative closings – Analysis – 30-11-2022
The GBPJPY pair repeated the negative closings below 166.80 obstacle, to confirm its surrender to the domination of the correctional bearish bias by touching 165.65 level, also, stochastic crawl towards the oversold areas will increase the negative pressures, to keep our negative overview that might target 164.50.
The expected trading range for today is between 166.30 and 164.50
The expected trend for today: Bearish
Platinum price prepares for strong rise – Analysis – 30-11-2022
Platinum price kept its consolidation within the bullish track that depends on the stability of 965.00 support line, to notice recording some targets by touching 1010.00 level, also, the major indicators continuous to provide the positive momentum to confirm its preparation to form strong bullish attack, waiting to reach 1040.00 initially, while surpassing this obstacle will push to 1072.00 as a next target.
The expected trading range for today is between 995.00 and 1040.00
The expected trend for today: Bullish
Copper price moves slowly – Analysis – 30-11-2022
Copper price moves very slowly recently, attempting to gather more positive momentum to reinforce the chances of resuming the bullish attack that depends on the stability of 3.5000 support line, to notice its fluctuation near the moving average 55.
We remind you that achieving the additional targets requires breaching 3.7000 level and holding above it to ease the mission of reaching the additional targets that might start at 3.8500 and 4.0500.
The expected trading range for today is between 3.5500 and 3.7500
The expected trend for today: Bullish