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The GBPJPY surrenders to the barrier stability – Forecast today – 14-2-2025
The GBPJPY pair ended the recent bullish rally by recording 191.17 level, approaching 193.30 barrier to force it to postpone the bullish attack and provide mixed trades by fluctuating near 191.80.
Also, the contradiction between the major indicators by the MA55 consolidation above the mentioned barrier confirm the price surrender to the domination of the sideways bias, to expect moving between the current barrier and 190.80 additional support.
The expected trading range for today is between 191.00 and 193.30
Trend forecast: Sideways
Platinum price rises slowly – Forecast today – 14-2-2025
Platinum price continued to form slow bullish waves to notice its fluctuation near 1007.00$ level now, reminding you that the stability within the minor bullish channel and forming additional support at 983.00$ support the chances of targeting 1019.00$ resistance line.
Also, stochastic crawl towards the overbought areas provide the additional positive momentum to ease the mission of reaching the suggested target followed by reaching its behavior to manage to detect the next expected targets.
The expected trading range for today is between 995.00$ and 1017.00$
Trend forecast: Bullish
Copper price approaches the target – Forecast today – 14-2-2025
Copper price confirmed its surrender to the bullish scenario by settling above the breached resistance that forms additional support now at 4.6900$, to notice approaching the first target at 4.8050$.
The price might form some sideways trades due to stochastic fluctuation within the overbought areas, to keep waiting to gather the positive momentum to ease the mission of surpassing 4.8050$ and reach new stations that might start at 4.8900$ and 4.9500$.
The expected trading range for today is between 4.7500$ and 4.8500$
Trend forecast: Bullish
Ethereum price (ETHUSD) heads towards the resistance – Forecast today - 14-02-2025
Ethereum price (ETHUSD) shows new positive trades to head towards new test to the key resistance 2764.75$, noticing that the EMA50 attempts to prevent the price from continue the rise to form intraday resistance against the price.
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