The EURJPY repeats the positive close– Forecast today – 23-9-2025
AI Summary
- EURJPY pair shows positive momentum and stability within bullish channel
- Potential for recording extra gains towards 175.20 and 177.05 in medium period trading
- Bearish pressure could lead to losses down to 172.80 and 171.40 support level, trading range expected between 173.70 and 175.20, trend forecast is bullish
Despite the neediness of the EURJPY pair to the positive momentum, its main stability within the bullish channel’s levels, and its stability above the extra support at 173.40 forms a main factor to confirm the positive continuation, to keep waiting for recording extra gains by its rally towards 175.20 reaching 177.05 in the medium period trading.
While facing new bearish pressure and reaching below the extra support will confirm the attempts of activating the bearish correctional track again, which forces it to suffer some losses by reaching 172.80 reaching the support of the bullish channel at 171.40.
The expected trading range for today is between 173.70 and 175.20
Trend forecast: Bullish
The GBPJPY is affected by the contradiction between the indicators– Forecast today – 23-9-2025
Despite the stability of the GBPJPY pair in the last period below the barrier at 200.45, but the continuation of the main indicators’ contradiction that pushed it to form sideways trading by its repeated stability near 199.60.
We will keep waiting for gathering the extra negative momentum, to ease the mission of forming new correctional waves, to target 198.60 level reaching the extra support at 197.80, while breaching the barrier will turn the bullish track back, to begin recording extra gains by its rally towards 200.90 and 201.55.
The expected trading range for today is between 198.60 and 200.40
Trend forecast: Bearish
Platinum price records some gains– Forecast today – 23-9-2025
Platinum price continued forming bullish waves yesterday, reaching the target at $1425.00, forming 2.618%Fibonacci extension level, then forms some sideways trading as appears in the above image.
The continuation of providing the main indicators for the positive momentum makes us expect breaching the current obstacle, to open the way for recording extra gains that might extend towards $1435.00 reaching $1457.00.
The expected trading range for today is between $1400.00 and $1435.00
Trend forecast: Bullish
Copper price remains slow– Forecast today – 23-9-2025
Copper price provided slow trading despite the presence of the positive factors, such as the main stability within the bullish channel’s levels by forming main support at $4.1100 level, besides the continuation of providing bullish momentum by the main indicators, specifically by forming an extra support by the moving average 55 by its stability near $4.3700.
Therefore, we will keep preferring the bullish scenario, to expect surpassing the barrier at $4.6200, to rally towards the positive stations at $4.7500 and $4.9500.
The expected trading range for today is between $4.5000 and 4.7500
Trend forecast: Bullish