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The GBPJPY keeps the bullish track – Analysis – 13-9-2023

Economies.com
2023-09-13 05:37 UTC

No change to the GBPJPY pair’s bullish track as it provides new positive close above the minor bullish channel’s support at 182.80, to notice the beginning of recording some gains by reaching 184.15, to approach the first suggested target.

 

Note that stochastic positive momentum will increase the efficiency of the bullish track, to keep waiting to achieve clear targets in the near term and medium term period by moving towards 185.30 and 186.00.

 

The expected trading range for today is between 183.70 and 185.00

 

The expected trend for today: Bullish

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Platinum price awaits the additional negative momentum – Analysis – 13-9-2023

Economies.com
2023-09-13 05:36 UTC

Platinum price provided some temporary sideways trades recently by consolidating near 910.00, affected by stochastic exit from the oversold areas, to force it to postpone the previously suggested negative attack.

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Copper price awaits the breach – Analysis – 13-9-2023

Economies.com
2023-09-13 05:36 UTC

Copper price still under the sideways track effect until this moment, to continue fluctuating near 3.7800 level, keeping its stability within the sideways triangle, noting that we need to wait to surpass one of the major levels represented by 3.6600 support and 3.9100 resistance that hinders the chances of moving to the bullish track.

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Wheat price touches the target – Analysis - 13-09-2023

Economies.com
2023-09-13 04:19 UTC

Wheat price succeeded to touch our waited target at 580.20 and found solid support there, to show some temporary bullish bias, noticing that stochastic lost its positive momentum to show clear overbought signals, waiting to motivate the price to resume the negative trades to surpass the mentioned level and open the way to head towards the next negative targe tat 560.00.

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