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The EURJPY takes advantage of the positive pressures – Analysis – 13-9-2019
The EURJPY pair get advantage from the extra positive momentum that comes from stochastic which is settled within the overbought level, to notice forming a strong positive rally, to approach from the initial target at 120.05.
The continuation of suffering positive pressures will assist the price to breach 120.05 level that forms 38.2% Fibonacci correction level, to allow it to resume the bullish correction and achieve a new target by reaching 120.65 and 121.30.
The expected trading range for today is between 119.20 and 120.65
The expected trend for today: Bullish
The GBPJPY faces solid barrier – Analysis – 13-9-2019
The GBPJPY pair repeated forming a bullish rally yesterday to face an important barrier at 133.60 level, this barrier forms a key to detect the expected trend in the current period, while breaching it will allow the price to target several positive levels by reaching 134.50 and 136.60.
MorePlatinum moves slowly – Analysis – 13-9-2019
Platinum price continued forming slow trading in spite of the validation of the several supported factors to the bullish suggestion, the stability of the initial support at 910.00 and stochastic attempt to reach to the overbought level assists to ease the attempt of the price rally to record the positive targets at 980.00 and 1025.00.
MoreCopper price continues to crawl positively – Analysis – 13-9-2019
Copper price kept its stability within the bullish correctional range by forming a new positive crawl, approaching from the moving average 55, reminding you that monitoring the price behavior in case testing the bearish channel’s resistance that is located at 2.6630 currently, due to the importance of this barrier to detect the main trend in the upcoming trading.
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