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The EURJPY takes advantage from the positive momentum– Forecast today – 2-9-2025

Economies.com
2025-09-02 05:18AM UTC
AI Summary
  • EURJPY pair taking advantage of positive momentum from stochastic approach
  • New support at 171.30 level expected to motivate price to attack barrier at 173.40
  • Trading range for today expected between 172.10 and 173.80, trend forecast is bullish

The EURJPY pair succeeded in taking advantage of the positive momentum that comes from stochastic approach from 80 level, forming several bullish waves and its stability near 172.75 confirming its readiness to resume the suggested bullish attack.

 

Forming a new extra support at 171.30 level makes us expect motivating the price to attack the barrier at 173.40, waiting for surpassing it to open the way for reaching new bullish stations that might begin at 174.20 reaching the next main target at 175.20.

 

The expected trading range for today is between 172.10 and 173.80

 

Trend forecast: Bullish

The GBPJPY begins to rise– Forecast today – 2-9-2025

Economies.com
2025-09-02 05:18AM UTC

The GBPJPY pair began activating with the positive factors that is represented by the stability above the extra support at 197.85 besides the unionism of providing positive momentum by the main indicators, reaching 199.95.

 

Reminding you that breaching the barrier at 200.40 is important to reinforce the continuation of the positivity, then begin targeting extra stations that might begin at 201.55 reaching 161.8%Fibonacci extension level at 202.40.

 

The expected trading range for today is between 199.40 and 201.55

 

Trend forecast: Bullish

Platinum price achieves extra gains– Forecast today – 2-9-2025

Economies.com
2025-09-02 05:17AM UTC

Platinum price formed strong bullish rally, to surpass $1383.00 level to achieve extra gains by reaching $1422.00, approaching from %2.618 Fibonacci extension level that appears in the above image.

 

Providing positive momentum by the main indicators that might increase the chances for surpassing the barrier at $1426.00, opening the way for recording extra gains that might extend towards $1455.00 reaching the top near $1480.00, while the failure of the breach will motivate the attempts of gathering the gains, to reach $1398.00 and $1383.00 directly.

 

The expected trading range for today is between $1400.00 and $1455.00

 

Trend forecast: Bullish

 

Copper price is waiting for the bullish momentum– Forecast today – 2-9-2025

Economies.com
2025-09-02 05:16AM UTC

Copper prices didn’t move any news by forming repeated sideways trading, due to its neediness for the positive momentum, due to the continuation of stochastic fluctuation within the oversold level until this moment.

 

While the stability within the bullish track that depends on the stability of the critical support at $4.0900, besides forming extra support at $4.2600 level, these factors make us wait to gather positive momentum to ease the mission of recording the positive targets that might begin at $4.6200 and $4.7500.

 

The expected trading range for today is between $4.4200 and $4.7500

 

Trend forecast: Bullish