The GBPJPY fluctuates within the bullish track – Analysis – 25-11-2022
The GBPJPY pair repeated forming mixed trades recently affected by the contradiction of stochastic against the main stability within the bullish channel and 166.80 level forming the additional support.
Note that resuming the bullish attack requires gathering new positive momentum to manage to surpass 168.35 and open the way to target new positive stations that might start at 169.40 and 170.20.
The expected trading range for today is between 167.35 and 169.40
The expected trend for today: Bullish
Platinum price provides sideways fluctuation – Analysis – 25-11-2022
Platinum price provided weak sideways fluctuation by consolidating near 990.00, attempting to gather more positive momentum in order to resume the waited main bullish trend, reminding you that 965.00 forms additional support and stochastic stability above 50 level support our bullish overview to keep waiting to reach the first positive targets at 1040.00.
In case the price crawled below the additional support, that will postpone the bullish attack to expect crawling towards 950.00 and 925.00.
The expected trading range for today is between 970.00 and 1040.00
The expected trend for today: Bullish
Copper price keeps the positivity – Analysis – 25-11-2022
Copper price still keeping the bullish attempts by moving away from the additional support 3.5000, to notice its reaction to stochastic positivity by consolidating at 3.6500 level, reminding you that it is important to form new bullish rally to surpass 3.7000 in order to reinforce the chances of recording the additional positive targets near 3.8500 and 4.0500.
The expected trading range for today is between 3.5500 and 3.7500
The expected trend for today: Bullish
The USDCHF loses momentum – Analysis - 25-11-2022
The USDCHF pair shows weak trades in the previous sessions, noticing that stochastic lost its positive momentum and approaches to overlap negatively, waiting to motivate the price to resume the expected bearish wave on the intraday basis, which targets 0.9355 followed by 0.9300 levels mainly.
The EMA50 supports the expected decline, which will remain valid conditioned by the price stability below 0.9540.
The expected trading range for today is between 0.9350 support and 0.9480 resistance.
The expected trend for today: Bearish