The EURJPY renews its positive activity – Analysis – 31-3-2022
The EURJPY pair renews its positive activity due to the frequent stability above the additional support 134.70, to notice achieving clear gains by reaching 136.80, also, stochastic continuous fluctuation near 80 level will increase the chances of gathering the positive momentum, to expect moving towards the key resistance 137.55 soon.
We remind you that the attempt to crawl below the mentioned support will force it to postpone the bullish attack and suffer intraday losses by crawling towards 133.52 before reaching any new positive station.
The expected trading range for today is between 135.60 and 137.55
The expected trend for today: Bullish
The GBPJPY under the negative pressure – Analysis – 31-3-2022
The GBPJPY pair still affected by stochastic negativity to force it to continue providing correctional negative trades to settle near 160.35.
Note that there is a chance to form additional barrier at 161.50, to assist to confine trades within the correctional bearish track, to keep waiting to test 158.00 support line followed by monitoring the price behavior to manage to detect the next main targets.
The expected trading range for today is between 161.00 and 158.00
The expected trend for today: Bearish
Platinum price tends to resume the negative correction – Analysis – 31-3-2022
Despite the recent weak sideways trades, platinum price frequent negative stability below 1040.00 barrier in addition to its consolidation below the moving average 55 assist to confirm the negative attempts, to expect breaking 950.00 followed by moving towards the historical support at 908.00 that forms the main target of the current trades.
The expected trading range for today is between 1010.00 and 910.00
The expected trend for today: Bearish
Copper price still negative – Analysis – 31-3-2022
Copper price confirmed its surrender to the domination of the correctional bearish bias by ending testing 4.8100 barrier, to notice its decline towards 4.6900 direct, reminding you that it is important to get the additional negative momentum to manage to continue the decline and reach the main stations at 4.5000 and 4.2600.
The expected trading range for today is between 4.8100 and 4.5000
The expected trend for today: Bearish