The EURUSD pair shows more bearish bias to approach our first waited target at 1.1100, to keep the bearish trend active for today, reminding you that our next target reaches 1.1040, while the price needs to hold below 1.1180 and 1.1245 levels to achieve the suggested targets.
The expected trading range for today is between 1.1060 support and 1.1245 resistance.
The expected trend for today: Bearish
Copper price remains weak as 2.9300 level still form an obstacle against the bullish attack, and the continuation of the main indicators contradiction increases the chances for the price fluctuation in sideways range, by its confinement between the current barrier and the support level at 2.8600.
Resuming the bullish attack requires holding positively above 2.9300 level and gaining a new positive momentum might allow it to record more of the targets by reaching 3.0200 then 3.1400 in the upcoming period.
The expected trading range for today is between 2.8600 and 2.9300
The expected trend for today: sideways
In spite of the continuation of the weak sideways trading of Platinum price, but the repeated positive stability near 863.00 confirms its readiness to form a strong bullish attack in the near period.
While the price rally above the initial barrier at 910.00 will ease the price mission to resume recording the positive targets that are located at 955.00 and 1000.00.
The expected trading range for today is between 870.00 and 955.00
The expected trend for today: Bullish
The GBPJPY pair kept its stability below the moving average 55 in yesterday’s trading, which forms an extra resistance at 144.85 to increase the chances to begin the suggested negative attack.
Stochastic stability within the oversold level confirms gathering a strong negative momentum, which makes us wait for recording the negative targets that are located at 143.70 and 142.10.
The expected trading range for today is between 144.85 and 143.70
The expected trend for today: Bearish