|
Midday update for the EURUSD 31-12-2019
The EURUSD pair shows calm positive trades to move away gradually from 1.1200 barrier, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, and we believe that the way is open to achieve our first waited target at 1.1280, reminding you that it is important to hold above 1.1180 to continue the expected rise.
The expected trading range for today is between 1.1120 support and 1.1280 resistance.
The expected trend for today: Bullish
Thanks for your feedback.
Copper price recovers – Analysis – 31-12-2019
Copper price remains stable below 2.8400 barrier, to decelerate the bullish rally, to notice forming a new sideways fluctuation sine this morning trading, to resume the bullish attack the price needs a new positive momentum, and holding above 2.7000 support is important to make the price reach to the expected targets at 2.8800 and 2.9200 level.
MorePlatinum records new targets – Analysis – 31-12-2019
Platinum price formed a new positive rally, getting advantage from the positive pressures that come from stochastic approach from the overbought level, to notice recording new targets by hitting 970.00 level.
MoreThe GBPJPY is forced to fluctuate – Analysis – 31-12-2019
The GBPJPY pair failed to breach 143.80 barrier yesterday, which forces it to form a temporary negative fluctuation, attempting to gather a new bullish momentum within the bullish channel levels that appear in the above image.
More