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Midday update for the EURUSD 09-12-2019

Economies.com
2019-12-09 10:39AM UTC

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 exits the negative track – Analysis – 09-12-2019

Economies.com
2019-12-09 07:52AM UTC

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 repeats the sideways fluctuation– Analysis – 09-12-2019

Economies.com
2019-12-09 07:52AM UTC

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 provides a new positive close – Analysis – 09-12-2019

Economies.com
2019-12-09 07:52AM UTC

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

 

 

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1601 (2025-07-15 19:15PM UTC)