|
The GBPJPY fails to resume the positivity – Forecast today – 10-2-2025
The GBPJPY pair touched the positive target at 189.50 on last Friday, to form solid barrier against the bullish attempts and provide new negative attack to attack the major support by reaching 187.10 followed by bouncing this morning towards 188.20.
The above chart shows stochastic crawl towards the oversold areas to increase the negative pressures on the price and expect renewing the pressure on the support line again, followed by moving to new negative level to target 186.40 followed by reaching 184.90 on the medium term basis.
The expected trading range for today is between 187.10 and 188.50
Trend forecast: Bearish
Platinum price awaits to confirm the breach – Forecast today – 10-2-2025
Platinum price returned to fluctuate below 983.00$ barrier due to stochastic negative momentum signals, to notice forming sideways trades by settling near 980.00$.
Our bullish overview will depend on forming continuous additional support at 950.00$, assuring the importance of gathering the positive momentum to manage to surpass the barrier and start achieving the positive targets by reaching 1005.00$ followed by 1015.00$ levels.
The expected trading range for today is between 960.00$ and 1015.00$
Trend forecast: Bullish
Copper price surpasses the target – Forecast today – 10-2-2025
Copper price formed strong bullish rally after confirming breaching 4.3300$ barrier, surpassing the first main target at 4.5400$ to settle above 50% Fibonacci correction level.
Also, the major indicators provide the positive momentum to assist to renew the bullish attempts, to expect achieving additional gains by rallying towards 4.6800$ soon, followed by reaching 4.8100$ on the medium term basis.
The expected trading range for today is between 4.5000$ and 4.6800$
Trend forecast: Bullish
Ethereum price (ETHUSD) completes negative pattern – Forecast today - 10-02-2025
Ethereum price (ETHUSD) faced strong negative pressure in the previous sessions to rebound bearishly and complete forming double top pattern that appears on the chart, which might force the price to achieve more decline in the upcoming sessions, and the price needs to consolidate below 2635.00$ to keep the negative effect of the mentioned pattern active.
Are you looking for more comprehensive and exclusive analysis? Join the FxNewsToday VIP Telegram Channel
Packages for 5 Instruments of Your Choice
Economy Package (1 Month)
$219.00
Beginner Trader Package
Economy Package (3 Months)
$599.00
Save 10% (instead of $657)
Economy Package (6 Months)
$959.00
Save 27% (instead of $1,314)
Economy Package (1 Year)
$1,439.00
Save 45% (instead of $2,628)
Packages with Unlimited Instruments
Elite Trader Access (3 Months)
$2,699.00
Save 10% (instead of $2,999)
VIP Trader Subscription (6 Months)
$3,899.00
Save 15% (instead of $4,587)
Ultimate Trader Excellence (1 Year)
$5,999.00
Save 20% (instead of $7,499)
What You Get When You Subscribe
- Daily market analysis and detailed explanation of signals
- Price Bullish/Bearish trends and expected trading range
- Midday and end-of-day updates
- Live economic news alerts
- Exclusive educational content (for beginners and professionals)
- Exclusive webinars by trading experts
- Contests and valuable prizes
- Join an exclusive VIP community
For inquiries, Contact Us.