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The EURJPY still bearish – Analysis – 5-10-2021

Economies.com
2021-10-05 04:58AM UTC

Despite the EURJPY price’s positive rebound and touching 129.37 level, the main stability below the bearish channel’s resistance towards 129.60 confirms the continuation of the negativity for the upcoming period.

 

Also, stochastic crawl towards the oversold areas will increase the negative pressures, to force the price to form new negative trades and expect moving towards 128.05, to press on the additional support that appears on the chart.

 

The expected trading range for today is between 129.55 and 128.05

 

The expected trend for today: Bearish

The GBPJPY moves away from the support – Analysis – 5-10-2021

Economies.com
2021-10-05 04:57AM UTC

The GBPJPY pair formed bullish rally yesterday, taking advantage of the bullish channel’s support line stability near 149.50, to notice achieving some targets by reaching 151.50, attacking the moving average 55 that formed an obstacle against the bullish trades recently.

 

Stochastic attempt to provide the positive momentum and the price fluctuation within the bullish channel allow us to suggest more positive attempts, to attempt to reach 152.20 level, while surpassing this barrier might extend trades towards 153.40 direct.

 

The expected trading range for today is between 150.45 and 152.20

 

The expected trend for today: Bullish

Platinum awaits the negative momentum – Analysis – 5-10-2021

Economies.com
2021-10-05 04:56AM UTC

Platinum price provided some negative trades yesterday by touching 946.00, to keep its stability within the main bearish channel, as the stability of the key resistance 987.00 and stochastic attempt to provide the negative momentum allow us to keep our bearish overview that might target 905.00 initially.

 

The expected trading range for today is between 970.00 and 910.00

 

The expected trend for today: Bearish

No news for copper price – Analysis – 5-10-2021

Economies.com
2021-10-05 04:55AM UTC

Copper price didn’t move since yesterday, due to the contradiction between stochastic against the moving average 55 formation to additional barrier at 4.2600, to continue providing sideways trades as appears on the chart.

 

Resuming the negative attempts urges gathering new negative momentum, to manage to hold within the bearish track followed by starting to target the negative stations around 4.0500 and 3.8850.

 

The expected trading range for today is between 4.2600 and 4.0500

 

The expected trend for today: Bearish

Frequently asked questions

What is the price of EUR/JPY today?

The price of EUR/JPY is $172.3023 (2025-07-11 23:35PM UTC)