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Platinum price underpinned by positive signals - Forecast today - 31-03-2025

Economies.com
2025-03-31 05:59AM UTC

Platinum price kept trying to regain the upward trend with positive signals from major indicators, thus holding its ground above the 55 SMA, which recently represented an additional support at $964.00, with the price snagging some gains by wavering near $990.00.

 

The price  will likely form additional ascending waves and might try to pressure the $1000.00 barrier, with a breach sending the price towards the 61.8% Fibonacci retracement level near $1017. 

 

Expected trading range today is between $975 and $1000.

 

Today’s price forecast: Bullish

Copper price tries to counter negativity from the Stochastic - Forecast today - 31-03-2025

Economies.com
2025-03-31 05:59AM UTC

Even as the Stochastic continues  to send out negative signals, as the price holds its ground above $5.00, it underpins the upward trend, however the price might engage in some sideways trading to gather enough momentum and rush towards $5.150, then target the major resistance at $5.340.

 

However, a breach of $5.00 would send the price towards more correctional negative trades towards $4.9200, then $4.8100.

 

Expected trading range today is between $5.000 and 

$5.1500.

 

Today’s price forecast: Bullish

 

EUR/USD price attacks important resistance - Forecast today - 31-03-2025

Economies.com
2025-03-31 03:08AM UTC

EUR/USD price edged lower in latest intraday trading after retesting the pivotal resistance of $1.0830, while also bumping into the resistance of the 50-candle SMA, doubling negative pressures and forcing the price downward, as it tries to gather enough positive momentum to shake off these pressures.

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GBP/USD price between a rock and a hard place - Forecast today - 31-03-2025

Economies.com
2025-03-31 03:07AM UTC

GBP/USD price edged lower in latest intraday trading, with negative pressure due to settling below the 50-candle SMA, but the main upward trend remains dominant as the price trades alongside the trend line, with positive signals emerging from the Stochastic after reaching oversold levels compared to the price’s movements, limiting recent losses and granting the price some momentum.

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