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The GBPJPY faces solid barrier – Analysis – 13-9-2019
The GBPJPY pair repeated forming a bullish rally yesterday to face an important barrier at 133.60 level, this barrier forms a key to detect the expected trend in the current period, while breaching it will allow the price to target several positive levels by reaching 134.50 and 136.60.
While the price failure to breach the current barrier will force it to form negative trading, to attempt to regain the bearish bias by pressing on 132.50 level until reaching 131.20, therefore, we recommend waiting for the next four hours’ close to detect the true trend according to the previous data.
The expected trading range for today is between 134.10 and 132.70
The expected trend for today: Neutral
Platinum moves slowly – Analysis – 13-9-2019
Platinum price continued forming slow trading in spite of the validation of the several supported factors to the bullish suggestion, the stability of the initial support at 910.00 and stochastic attempt to reach to the overbought level assists to ease the attempt of the price rally to record the positive targets at 980.00 and 1025.00.
MoreCopper price continues to crawl positively – Analysis – 13-9-2019
Copper price kept its stability within the bullish correctional range by forming a new positive crawl, approaching from the moving average 55, reminding you that monitoring the price behavior in case testing the bearish channel’s resistance that is located at 2.6630 currently, due to the importance of this barrier to detect the main trend in the upcoming trading.
MoreDashCoin price achieves temporary gains – Analysis - 13-09-2019
DashCoin price achieved temporary strong gains on yesterday’s evening to test 93.13 level, but it returns to settle around 85.00 again, which keeps the bearish trend scenario valid as it is without any change for the upcoming period, which conditions holding below the mentioned level, while our next main target is located at 64.40.
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