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The GBPJPY attempts to hold above the support– Forecast today – 11-2-2025
The GBPJPY pair kept its stability above 187.00 support line yesterday, to decrease the chances of suffering additional losses and notice forming sideways fluctuation near 187.85.
Stochastic attempt to exit the oversold areas might assist to activate the correctional bullish track again, to expect rallying towards 189.10 followed by repeating the pressure on 189.50, while breaking the support and holding below it will confirm moving to new negative level to target new negative stations that start at 186.40.
The expected trading range for today is between 187.10 and 189.50
Trend forecast: Bullish
Platinum price lacks the positive momentum – Forecast today – 11-2-2025
Platinum price succeeded to surpass 983.00$ barrier to record some gains by reaching 994.00$ followed by forming temporary sideways fluctuation due to stochastic decline towards 50 level as appears on the chart.
We expect to form some sideways trades until gathering the positive momentum to manage to hold above 968.00$ followed by starting to record new gains by rallying towards 1015.00$.
The expected trading range for today is between 975.00$ and 1015.00$
Trend forecast: Bullish
Copper price touches the second target – Forecast today – 11-2-2025
Copper price resumed the bullish attack to achieve new gains by reaching the second target at 4.6900$, facing 61.8% Fibonacci correction level that might form an obstacle now against the bullish attempts.
Also, stochastic reach to the overbought areas might force the price to provide sideways trades, with chances to gain some profits by crawling towards 4.5400$, while succeeding to breach the current obstacle will open the way to record additional gains that might extend towards 4.8100$.
The expected trading range for today is between 4.5800$ and 4.6800$
Trend forecast: Bullish
Ethereum price (ETHUSD) is recovering – Forecast today - 11-02-2025
Ethereum price (ETHUSD) bounced upwards clearly after approaching 2500.00$ barrier, to test the minor bearish channel’s resistance line that appears on the chart, noticing that the technical indicators provide negative signals that might force the price to decline again.
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