The EURUSD pair resumes its negative trading to start testing 1.1600 barrier again, which supports the continuation of the expected bearish trend scenario for today, which its next targets located at 1.1554 followed by 1.1443, reminding you that holding below 1.1705 and 1.1765 levels represents major condition to achieve the suggested targets.
Expected trading range for today is between 1.1530 support and 1.1720 resistance.
Expected trend for today: Bearish
Thanks for your feedback.
Copper price failed to achieve the required break to 2.7000 support, to be forced to provide intraday sideways by leaning around 2.7525, while stochastic contradiction to the negative stability by forming intraday positive wave that supports the sideways fluctuation until providing new negative momentum to increase the chances of achieving the required break and open the way to record new negative targets that start at 2.6200 followed by 2.5500.
MorePlatinum price has to escape to resume the negative attack, due to the factors that agree the bearish attempts, as the stability of 870.00 along with the consolidation of the moving average 55 above it confirms blocking the price within the main bearish channel.
MoreThe GBPJPY pair faced strong negative pressure recently that pushed the price to consolidate below 148.00 level, hinting postponing the bullish attack temporarily, while 148.00 forms initial resistance to expect moving towards 146.55 followed by 145.90 levels, to start renewing the bullish attempts that target more suggested positive levels in our previous report.
More