Despite forming sideways trading by GBPJPY price, the stability above the main support of 216.75 and the attempt of forming extra support at 217.50 level, these factors support the continuation of the positivity, to notice its rally towards 218.30 level.
The positive momentum will help it to renew the bullish attempts, to expect reaching 218.60 barrier, confirming that surpassing it will confirm its readiness to record extra gains that might begin at 219.40 and 220.00.
The expected trading range for today is between 217.85 and 219.40
Trend forecast: Bullish
Platinum price provided positive closes above $1605.00 level, attempting to confirm the bullish corrective scenario, to rally towards $1655.00 level, confirming the bullish corrective scenario, to rally towards $1655.00 level, benefiting from the continuation of providing positive momentum by stochastic rally above 50 level in the last period.
MoreCopper price provided weak sideways fluctuation yesterday by its stability below $6.5100 level, which represents a confirmation key for the expected trend in the upcoming trading, the continuation of providing positive momentum by the main indicators makes us wait for achieving the required breach, to reinforce the chances of targeting extra positive stations, which are located near $6.6100 and $6.7300.
More(ETHUSD) declined slightly in its latest intraday trading, due to the stability of the key resistance level at $1,935, , attempting to gain bullish momentum that might help it to breach this resistance, amid the continuation of the dynamic support that is represented by its trading above EMA50, which reinforces the stability and dominance of the main bullish trend on the short-term basis, with the trading alongside supportive trend line and reinforces the likelihoods of breaching this level.
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