The EURUSD pair tests 1.1065 level now, affected by stochastic positivity, but as long as the price is below 1.1108, our bearish overview will remain valid, supported by the negative pressure formed by the EMA50, reminding you that we are waiting to target 1.0995 followed by 1.0950 levels as next main stations.
The expected trading range for today is between 1.0950 support and 1.1120 resistance.
The expected trend for today: Bearish
Copper price surrendered to the repeated positive pressures by forming a strong bullish wave, surpassing 2.7000 barrier, which confirms exiting the bearish correctional track, to reinforce the bullish scenario, which makes us prefer reaching several positive stations that might begin at 2.7450 and 2.8380.
The expected trading range for today is between 2.7000 and 2.8380
The expected trend for today: Bullish
Platinum price remains confined until this morning within the sideways range, due to the stability of the levels at 883.00 which represents the support level, while the resistance is located at 915.00.
Monitoring the price behavior and waiting for exiting the sideways track, to avoid any losses that might cause by renewing the current sideways trading, note that breaching the current resistance will activate the bullish scenario, to expect targeting 955.00 level reaching to 1025.00 in the upcoming period.
The expected trading range for today is between 915.00 and 883.00
The expected trend for today: neutral
The GBPJPY pair continued its fluctuation above 142.60 level, announcing its affection by the bullish bias domination, which increases the chances for recording new targets in the near and medium period.
Stochastic rally above 50 level, makes us expect gathering a new positive momentum, then begin recording the extra targets by reaching 143.80 and 145.30.
The expected trading range for today is between 142.40 and 143.80
The expected trend for today: Bullish