UK: BT group shares price keeps the negative stability – Analysis – 20-12-2019
Despite BT Group shares price facing strong positive pressures recently, the frequent stability below 210.00 resistance confirms surrendering to the bearish bias domination.
The price needs strong negative momentum to manage to form new negative trades and target 185.60 followed by 157.90 levels.
The expected trading range for today is between 210.00 and 193.60
The expected trend for today: Bearish
Copper price continues to fluctuate within the bullish range – Analysis – 20-12-2019
No news for Copper price, to continue fluctuating within the bullish range without recording any new positive target until this moment, assuring the importance of breaching 2.8380 barrier to open the way to reach 2.9200 that represents the next target of the bullish bias.
We remind you that attempting to crawl below 2.7500 will postpone the bullish attack temporarily until testing 50% Fibonacci correction level at 2.7000.
The expected trading range for today is between 2.7500 and 2.8380
The expected trend for today: Bullish
Platinum holds above the support – Analysis – 20-12-2019
Platinum price provided new positive close yesterday above the additional support 915.00, to increase the efficiency of the bullish trades for the near term and medium term trading, also, stochastic continuous fluctuation above 50 level eases the attempt to gather new positive momentum to manage to reach the positive stations at 955.00 followed by 1025.00.
The expected trading range for today is between 915.00 and 955.00
The expected trend for today: Bullish
The GBPJPY touches the first negative target – Analysis – 20-12-2019
The GBPJPY pair surrendered to the stability of 143.80 barrier, forming strong negative waves to notice touching the first negative target at 142.30, and despite the price fluctuation within the bullish channel, the frequent negative pressures allow us to suggest more negative fluctuation by breaking the current obstacle to target 141.00.
Stochastic reach to the oversold areas reinforces our negative overview by providing new negative momentum to ease the mission of breaking 142.00 level in order to reach the mentioned negative target.
The expected trading range for today is between 142.60 and 141.00
The expected trend for today: Bearish