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The EURJPY provides new negative close– Forecast today – 15-4-2025
The EURJPY pair kept its stability below the bearish channel’s resistance at 163.25, to confirm its surrender to the suggested bearish scenario by reaching 162.50, stochastic attempt to exit the overbought level will provide the required negative momentum to motivate the negative trading, which might target 161.30 level reaching the next target at 160.35 level.
Note that the price success to breach the resistance and holding above it will confirm its move to the bullish track, to begin preferring the bullish scenario, which might target 164.00 and 164.75 level.
The expected trading range for today is between 161.30 and 162.85
Trend forecast: Bearish
The GBPJPY fluctuates below the resistance – Forecast today – 15-4-2025
No change for the GBPJPY pair’s track by its repeated stability below the resistance at 189.85, waiting for gathering negative momentum that allows it to activate the bearish attack by reaching below 38.2%Fibonacci correction level at 187.85, to repeat the pressure on the obstacle at 186.50.
MorePlatinum price is forced to fluctuate– Forecast today – 15-4-2025
Platinum price formed a new bullish rally achieving $958.00 level, then rebound directly to settle near the barrier at $950.00 level, affected by the continuation of the contradiction between the main indicators.
MoreCopper price delays the decline– Forecast today – 15-4-2025
Copper price confirmed delaying the decline by providing new positive closes above the support base at $4.5000 level affected by the moving average 55 stability near it, to notice forming some of the bullish waves and achieving extra gains by reaching $4.6600.
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