Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

The GBPJPY repeats the sideways fluctuation– Forecast today – 29-8-2025

Economies.com
2025-08-29 07:50AM UTC
AI Summary
  • GBPJPY pair showing stability above support at 197.85, but main indicators suggest new sideways trading near 198.50
  • Positive momentum needed to prevent decline below current support and target barrier at 200.40, with main targets near 200.80 and 201.55
  • Expected trading range for today is between 198.00 and 200.40, trend forecast is bullish

Despite the stability of the GBPJPY pair above the extra support at 197.85, but the contradiction between the main indicators pushed it to provide new sideways trading to settle near 198.50.

 

Gathering the positive momentum is important to reduce the chances of its decline below the current support, to begin forming bullish waves to target the barrier at 200.40 and surpassing it will make it reach the main targets near 200.80 and 201.55.

 

The expected trading range for today is between 198.00 and 200.40

 

Trend forecast: Bullish

Platinum price is waiting to confirm the breach– Forecast today – 29-8-2025

Economies.com
2025-08-29 07:49AM UTC

Platinum price recorded some of yesterday’s gains by hitting $1362.00 level, but its neediness for positive momentum pushed it to decline below $1355.00 barrier, to reach $1342.00, to face the moving average 55.

 

The contradiction between the main indicators might force the price to provide intraday mixed trading, to keep waiting for gathering the positive momentum to confirm breaching the barrier and reaching the positive targets near $1383.00 and $1398.00.

 

The expected trading range for today is between $1340.00 and $1383.00

 

Trend forecast: Bullish

 

Copper price attempts to activates the bullish track– Forecast today – 29-8-2025

Economies.com
2025-08-29 07:49AM UTC

Copper price provided positive closes above the moving average 55, to move away from the extra support at $4.2600, noticing the attempt to form bullish waves by its fluctuation near $4.4800.

 

Note that gathering positive momentum is important to reinforce the chances for reaching the initial target at $4.6200, attempting to press on the barrier near $4.7500 to find an exit to confirm the continuation of the upcoming trading’s positivity. 

 

The expected trading range for today is between $4.3800 and $4.6200

 

Trend forecast: Bullish

 

The (ETHUSD) remains committed to the bullish trend- Analysis- 29-08-2025

Economies.com
2025-08-29 03:24AM UTC

The (ETHUSD) price rose in its last intraday trading, due to its lean on the support of main bullish trend line on the short-term basis, providing some bullish momentum that helped it to face the previous losses on the intraday basis, amid its affection by the negative pressure that comes from its trading below EMA50, which forms a dynamic resistance that shrinks the chances of the price recovery on the short-term basis, with the emergence of the negative signals on the (RSI), despite reaching oversold levels.

 

 

 

 

 

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Check full VIP signals performance report for the week of August 18–22, 2025: Full Report