The EURJPY pair stared today by forming bullish wave, surpassing 145.65 barrier to hint getting rid of the negative pressures and start resuming the main bullish attack on the near term and medium term period.
In case the price got a positive close above the breached barrier and getting continuous positive momentum by the major indicators, we expect to target 146.20 followed by reaching 147.10 levels, while turning back to fluctuate below 145.65 might force it to suffer some losses by crawling towards 144.50.
The expected trading range for today is between 145.50 and 146.20
The expected trend for today: Bullish
The GBPJPY pair provided new bullish rally yesterday, to touch 168.30 level and confirm its surrender to the domination of the bullish bias by moving away from the additional support at 166.80, reminding you that the fluctuation within the bullish channel and the major indicators that provide the positive momentum allow us to suggest more bullish attempts, to surpass 169.00 obstacle and move towards the next main station at 170.20.
The expected trading range for today is between 167.40 and 169.00
The expected trend for today: Bullish
Platinum price started to get the positive momentum after stochastic exit from the oversold areas, to support the chances of renewing the bullish attempts to notice achieving 1000.00 level.
We will keep waiting to renew the bullish attempts, to expect surpassing 1010.00 level and renew the pressure on 1040.00 obstacle followed by attempting to record new targets that might start at 1075.00.
The expected trading range for today is between 970.00 and 1040.00
The expected trend for today: Bullish
Copper price kept its positive stability above 50% that forms solid support at 3.5000, which increases the chances of ending the negative trades, reminding you that it is important to gather the positive momentum to manage to surpass 4.3000 in the upcoming period.
The expected trading range for today is between 3.5500 and 3.7000
The expected trend for today: Bullish