The GBPJPY pair began receiving positive momentum due to stochastic rally above 50 level, to notice forming some bullish waves and recording 215.70 level.
Holding the minor bullish channel’s support at 214.55 level will help it to renew the bullish attempts, to ease the mission of surpassing the barrier at 215.80, to target new positive stations that begin at 216.40 reaching 217.60.
The expected trading range for today is between 214.60 and 216.40
Trend forecast: Bullish
Platinum price continued to provide weak sideways trading by its continued fluctuation near $2040.00 level, affected by the continuation of the main indicators, to obstruct the chances of resuming the previously bullish trend.
MoreCopper price closed yesterday’s trading by reaching $6.1100 level, approaching the barrier at $6.1200, to begin this morning with new negative trading due to the continuation of providing negative momentum by stochastic, to press on the initial support at $5.9700 level.
MoreEthereum (ETHUSD) declined in its recent intraday trading due to the stability of $2,400 resistance level, which was identified as a price target. The current move reflects an attempt to establish a higher low that could serve as a base for rebuilding bullish momentum and resuming recovery.
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