France: EADs shares price leans above the initial support – Analysis – 22-11-2019
AirBus shares price faced the negative pressures caused by stochastic negative crawl and approaching 20 level by providing new positive close above the initial support at 133.80, thus, we will keep waiting to gather new positive momentum to manage to start forming bullish trades until recording new positive targets that might start at 135.30 followed by reaching 137.80.
The expected trading range for today is between 133.80 and 135.30
The expected trend for today: Bullish
Copper price confirms the negativity – Analysis – 22-11-2019
Copper price confirmed its surrender to the correctional bearish bias by providing negative close below the moving average 55 to support the attempt to crawl towards 2.5400.
Also, stochastic fluctuation below 50 level will increase the chances of gathering the additional negative momentum to confirm the attempt to crawl towards 2.5400.
The expected trading range for today is between 2.6440 and 1.5720
The expected trend for today: Bearish
Platinum fails to confirm the breach – Analysis – 22-11-2019
Platinum price formed new bullish wave, attempting to jump above 915.00 resistance, while getting new daily close below this resistance supports our bearish overview to target 883.00 followed by reaching 837.00 support line.
Note that succeeding to provide positive close above the current resistance will confirm regaining the bullish bias to expect recording new positive targets that might start at 955.00 and 1025.00 levels.
The expected trading range for today is between 915.00 and 850.00
The expected trend for today: Bearish
The GBPJPY is hesitant – Analysis – 22-11-2019
The GBPJPY pair became hesitant recently due to its consolidation within the bullish channel, while stochastic continues to contradict the bullish attempts by declining below 50 level, expecting the price to continue forming sideways fluctuation until gathering the additional positive momentum to ease the attempt to reach the positive targets at 141.50 followed by 142.60.
We should note that attempting to break the initial support 139.40 will confirm postponing the bullish attack to start providing correctional bearish trades to force the price to suffer some losses by moving towards 138.80 and 137.60 levels.
The expected trading range for today is between 139.40 and 141.50
The expected trend for today: Bullish