The GBPJPY touches the first target – Forecast today – 2-4-2024
Economies.com
2024-04-02 05:44AM UTC
Analysis of GBPJPY Pair Movement
The GBPJPY pair activated the correctional bearish attack recently due to the frequent stability below the additional barrier 192.40, to notice forming strong decline and settling near the first target at 190.15.
We notice stochastic approach to 20 level to increase the negative pressures by providing the negative momentum, allowing us to keep the negative overview and wait to break 190.15 level to manage to reach the additional negative targets at 189.55 and 189.05.
Expected Trading Range for Today
The expected trading range for today is between 190.65 and 189.55
Trend forecast: Bearish
The EURJPY activates the correctional decline – Forecast today – 2-4-2024
Economies.com
2024-04-02 05:39AM UTC
Analysis of EURJPY Pair Movement
The EURJPY pair reacted to the negative factors represented by the frequent stability below 163.50 barrier in addition to stochastic negative momentum signals, to notice crawling below the MA55 and touching the first negative target at 162.65.
The price has no escape from resuming the negative attack, to surrender to the mentioned negative pressures and expect targeting new negative stations that might start at 162.15 followed by reaching the next main target at 161.55.
Expected Trading Range for Today
The expected trading range for today is between 163.20 and 162.15
Trend forecast: Bearish
Copper price keeps the positivity – Forecast today – 2-4-2024
Economies.com
2024-04-02 05:37AM UTC
Analysis of Copper Price Movement
Copper price continued to form positive trades, taking advantage of the frequent stability above the additional support at 3.9500$, to confirm its surrender to the domination of the bullish bias and notice achieving some gains by settling near 4.0500$.
The above chart shows the consolidation of the MA55 near the key support 3.8500$, to confirm confining trades within the bullish track, also, stochastic provides the positive momentum to increase the chances of surpassing the target at 4.1500$ and open the way to reach additional stations that might start at 3.3000$ and 3.4200$.
Expected Trading Range for Today
The expected trading range for today is between 3.9800$ and 4.1500$
Trend forecast: Bullish
Platinum price presses on the moving average – Forecast today – 2-4-2024
Economies.com
2024-04-02 05:37AM UTC
Analysis of Platinum Price Movement
Platinum price started to form new positive waves to notice providing new pressures on the EMA55 at 913.00$ in order to find a way to resume the main bullish attack in the upcoming period.
The suggested positivity depends on the frequent stability above 892.00$ support line, in addition to stochastic attempt to provide the positive momentum, thus, we will keep our bullish overview that might target 932.00$ initially, followed by reaching the first main target at 950.00$.
Expected Trading Range for Today
The expected trading range for today is between 900.00$ and 932.00$
Trend forecast: Bullish
Frequently asked questions
What is the price of GBP/USD today?
The price of GBP/USD is $1.3636 (2025-07-03 04:05AM UTC)