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The EURJPY tends towards the negativity – Analysis – 8-4-2022

Economies.com
2022-04-08 06:22AM UTC

The EURJPY pair started t react to stochastic negativity, to notice its fluctuation near 134.60 level, attempting to find a way to form new negative trades in the near term and medium term period.

 

We remind you that the frequent stability below 135.70 barrier forms major factor to confirm the bearish track, to keep waiting to record the negative targets at 133.50 and 132.80.

 

The expected trading range for today is between 135.10 and 133.50

 

The expected trend for today: Bearish

The GBPJPY keeps the positivity – Analysis – 8-4-2022

Economies.com
2022-04-08 06:22AM UTC

The GBPJPY pair repeated the fluctuation within the bullish channel, to settle above 161.40 that forms additional support against the bullish attempts, also, the major indicators agree to provide the positive momentum to assist to reinforce the domination of the bullish bias, expecting to move towards 163.30 barrier soon, while surpassing this level might extend trades towards new positive stations that might start at 164.00 and 164.80

 

The expected trading range for today is between 161.40 and 163.30

 

The expected trend for today: Bullish

Platinum price repeats the negative attempts – Analysis – 8-4-2022

Economies.com
2022-04-08 06:21AM UTC

Platinum price still affected by the frequent negative pressures due to the negative momentum coming by the major indicators, in addition to the obstacle formed at 1040.00 against the recent bullish attempts.

 

Therefore, we will keep the negative overview that might target 908.00 support line soon, followed by monitoring its behavior due to the importance of this level to detect the next main trend.

 

The expected trading range for today is between 985.00 and 908.00

 

The expected trend for today: Bearish

Copper price surrenders to the indicators’ contradiction – Analysis – 8-4-2022

Economies.com
2022-04-08 06:21AM UTC

No news for copper price until this moment, due to the continuous contradiction between the major indicators, to force it to form more sideways fluctuation within the bullish track.

 

Also, the stability of 4.8100 barrier hinders the bullish attempts for now, which increases the chances of forming correctional bearish rebound towards 4.5500 and 4.3200.

 

The expected trading range for today is between 4.8100 and 4.5500

 

The expected trend for today: Bearish

Frequently asked questions

What is the price of EUR/JPY today?

The price of EUR/JPY is $170.2586 (2025-07-06 20:35PM UTC)