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The GBPJPY tends towards the negativity – Forecast today – 15-1-2025

Economies.com
2025-01-15 05:26AM UTC

The GBPJPY pair kept its negative stability below 193.90 barrier to increase the chances of renewing the previously suggested negative attempts and notice crawling towards 192.30.

 

We expect to get the negative momentum by the major indicators to attack 191.40 level soon, which breaking it will open the way to form strong bearish waves on the near-term and medium term basis, to expect renewing the pressure on 190.20 level followed by targeting the next station at 189.30.

 

The expected trading range for today is between 190.20 and 193.10

 

Trend forecast: Bearish

Platinum price tests the support – Forecast today – 15-1-2025

Economies.com
2025-01-15 05:25AM UTC

Platinum price lost the positive momentum yesterday to force it to form temporary negative rebound and notice its stability near the additional support 935.00$, to settle above it and reinforce the chances of renewing the bullish attempts again.

 

Also, 920.00 level continues to form major support against the current trades, allowing us to wait to gather the positive momentum again to manage to surpass the MA55 at 955.00$ followed by extending trades towards the next main target at 983.00$.

 

The expected trading range for today is between 930.00$ and 955.00$

 

Trend forecast: Bullish

Copper price awaits the additional momentum – Forecast today – 15-1-2025

Economies.com
2025-01-15 05:24AM UTC

Copper price still stable below 4.3300$ barrier without any attempt to achieve the breach due to the lack of the positive momentum, as stochastic exits the overbought areas.

 

We expect to form some mixed trades, assuring the continuous stability above 4.1500$ support line to reinforce the chances of gathering the required positive momentum followed by reaching the positive targets near 4.4100$ and 4.5300$.

 

The expected trading range for today is between 4.2000$ and 4.3300$

 

Trend forecast: Sideways

Ethereum price (ETHUSD) attempts positively – Forecast today - 15-01-2025

Economies.com
2025-01-15 04:26AM UTC

Ethereum price (ETHUSD) provided additional positive trades to test 3222.00$ level, noticing that the price is attempting to breach this level to hint stopping the bearish correction that dominated the recent trades and regain the main bullish trend again, on its way to achieve gains that start by testing 3425.50$ level.

 

Therefore, the bullish bias will be expected for today, noting that failing to confirming breaching 3222.00$ will stop the bullish wave and push the price to decline again.

 

The expected trading range for today is between 3130.00$ support and 3400.00$ resistance.

 

Trend forecast: Bullish