Platinum price updates for Surat show the current rates as ₹55,420 (10g),
₹5,54,200 (100g), and ₹55,42,000 (1kg). Over September, prices changed
frequently. The 100g rate peaked at ₹5,76,000 and dropped to
₹5,25,300. For 1kg, it fluctuated between
₹52,53,000 and ₹57,60,000.
The cost of platinum is influenced by mining output, global market demand, and
geopolitical stability. Industrial reliance—mainly in cars and electronics—drives
additional volatility. Shifts in currency, especially the US dollar, as well as
macroeconomic indicators like inflation and interest rate policies, strongly shape its
pricing.
U.S. Dollar Index gains ground as traders react to Chicago Fed National Activity Index report. The report indicated that Chicago Fed National Activity declined from 0.08 in July to -0.04 in August, compared to analyst forecast of +0.2.
U.S. Dollar index is moving towards the resistance level at 100.50 – 100.65. In case U.S. Dollar Index manages to settle above the 100.65 level, it will head towards the next resistance, which is located in the 101.50 – 101.65 range. RSI is in the moderate territory, so there is enough room to gain momentum in case the right catalysts emerge.
Stay informed on platinum price trends in Bangalore. Today’s rates stand at ₹55,420
for 10g, ₹5,54,200 for 100g, and ₹55,42,000 for 1kg. In September, platinum
saw fluctuations. The highest rate for 100g touched ₹5,76,000,
and the lowest fell to ₹5,25,300. For 1kg, prices ranged from
₹52,53,000 to ₹57,60,000.
Global supply chains, mining rates, and geopolitical issues are major drivers of platinum
prices. Demand from the auto and electronics industries adds pressure. Exchange rate
movements, especially against the US dollar, combined with inflation trends and central
bank strategies, contribute significantly to changes in platinum’s market price.
The British pound spiked against the Japanese yen after the Bank of Japan raised rates, mainly because the press conference was not overly hawkish. There were no massive threats of major interest rate hikes. A 50-basis-point rate hike in the short term has been taken off the table, which was something people had been looking for. So, the Japanese yen has lost a bit of its luster.
The market had recently turned around and gone bullish after crossing below the oversold condition in the stochastic oscillator. It now looks like piercing the ¥210 level is a good sign. We did not manage to blow through there, and we have given back quite a bit of the gains, but that makes sense. It was a massive knee-jerk reaction. These things quite often will have a little bit of a pushback.
But the interest rate differential has actually shrunk between these two currencies
It is still pretty wide because the Bank of England, of course, failed to raise rates on Thursday. Over the longer term, you still get paid to hold this pair, and we will have to wait and see exactly how the Japanese yen is treated around the world.
Keep in mind that Japan has a major issue when it comes to energy as well. So, it will be interesting to see how the yen behaves in that environment as the supply of crude oil becomes increasingly threatened. The Ukrainians have attacked a Russian refinery, and the Saudis are now saying that perhaps some of their contracts to Europe and Asia may have to be put on hold due to a lack of ability to fulfill those contracts. Things could get very interesting here.
Christopher Lewis is a technical analyst and market commentator at DailyForex with more than two decades of trading experience in Forex and other leveraged markets. Based in Columbus, Ohio, he specializes in chart-based analysis of major currency pairs, stock indices, commodities, and energy markets, focusing on clear support and resistance levels, trend structure, and risk management. Christopher produces daily written and video analysis for traders who rely on technical setups to navigate volatile market conditions
As seen on:Pairs Of Aces Podcast,The Trader Guy, FXEmpire
EURJPY price attempted to record some additional gains during Friday’s trading, touching 181.55. However, its subsequent reversal below the resistance at 180.80 confirms its adherence to the previously suggested bearish scenario, with the price currently stabilizing near 180.15.
The price may now be forced into some sideways trading until it gathers the additional bearish momentum required to activate the downside attack. We expect it to reach 179.45 soon, followed by 178.60.
The expected trading range for today is between 179.45 and 180.80
2026.09.21 2026.09.21 Short-Term Analysis for Oil, Gold, and EURUSD for 21.09.2026
Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/
Welcome, my fellow traders! I have prepared a price forecast for US Crude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I have identified entry signals for intraday traders.
Oil has broken through the key support of the short-term uptrend.
XAUUSD: Gold is falling after testing the trend boundary at 4,415–4,398.
EURUSD: The euro is trading near the lower Target Zone of 1.1459–1.1434.
Oil Price Forecast for Today: USCrude Analysis
The oil price has pierced the key support of 95.55–94.90 within the short-term uptrend. The bearish target is now the lower Target Zone of 89.02–87.71.
Short trades can be considered once the price corrects up to resistance A at 98.02–97.56, with the first target at 95.60 and the second one around 93.20.
USCrude Trading Ideas for Today:
Sell near resistance A at 98.02–97.56. TakeProfit: 95.60, 93.20. StopLoss: 99.04.
Gold Forecast for Today: XAUUSD Analysis
Gold is trading within a short-term downtrend. Last week, the price tested the trend boundary at 4,415–4,398, but bears managed to defend this zone. Consequently, consider holding short trades today, targeting the 4,325 level. The second downside target will be 4,235.
If the gold price breaks above the 4,415 level, the downtrend may reverse. In this case, consider long trades, with a target in the upper the Target Zone of 4,595–4,562.
XAUUSD Trading Ideas for Today:
Hold short trades opened near resistance B at 4,415–4,398. TakeProfit: 4,325, 4,235. StopLoss: 4,443.
Euro/Dollar Forecast for Today: EURUSD Analysis
The euro is trading within a short-term downtrend and is attempting to break through the lower Target Zone of 1.1459–1.1434. If it breaches this zone, the next downside target will be the Gold Zone of 1.1375–1.1367.
Consider short trades once the price corrects higher to resistance A at 1.1546–1.1538. The first target will be 1.1500, and the second will be 1.1454.
EURUSD Trading Ideas for Today:
Sell near resistance A at 1.1546–1.1538. TakeProfit: 1.1500, 1.1454. StopLoss: 1.1565.
Would you like to learn more about technical analysis methods and principles? Explore our comprehensive guide.
P.S. Did you like my article? Share it in social networks: it will be the best “thank you” 🙂
Useful links:
I recommend trying to trade with a reliable broker here. The system allows you to trade by yourself or copy successful traders from all across the globe.
Use my promo code BLOG to get a 50% deposit bonus on the LiteFinance platform. Simply enter this code in the appropriate field when funding your trading account.
Telegram channel with high-quality analytics, Forex reviews, training articles, and other useful things for traders https://t.me/litefinance
Price chart of USCRUDE in real time mode
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance broker. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2014/65/EU.
According to copyright law, this article is considered intellectual property, which includes a prohibition on copying and distributing it without consent.
EURGBP price ended its bullish corrective rebound after facing the resistance extending toward 0.8605, stabilizing below it and maintaining its position within the boundaries of the bearish channel shown on the accompanying chart, as it currently slips toward 0.8577.
We note that the 55-period moving average positioned above the current trading levels will increase the chances of the price gathering additional bearish momentum. This leads us to expect the formation of new bearish waves, through which the price may attempt to reach 0.8540 before renewing pressure on the obstacle at 0.8525, seeking an opportunity to resume the bearish attack in the upcoming sessions.
The expected trading range for today is between 0.8540 and 0.8585
Platinum price remained unchanged up to this moment due to its repeated positioning below the resistance at $1,840.00. The price continues to fluctuate near the 55-period moving average. We note that the bullish scenario remains valid as long as the support level at $1,705.00 holds, which keeps us waiting for the required breakout before the price begins recording further gains, initially targeting $1,880.00 and then attempting to reach the next main target near $1,960.00.
On the other hand, a decline below the support level at $1,705.00 and sustained trading beneath it would confirm a shift into a bearish path, with the price expected to incur significant losses, initially moving toward $1,645.00.
The expected trading range for today is between $1760.00 and $1880.00
GBP/USD has declined nearly 2.5% from its August high after breaking below the September opening range.
Sterling is approaching a key support area after failing to hold above recent resistance levels.
The pair remains below the short-term moving average, showing continued selling pressure.
Upcoming UK and US PMI data could influence the next move as traders reassess economic momentum.
Market Move
GBP/USD is trading around 1.3358 after recovering slightly from recent losses.
The pair has struggled to maintain momentum above the 1.3360–1.3365 region, where previous rebounds have faced resistance.
A recovery above key resistance levels would be needed to improve the short-term outlook.
Why Traders Are Watching
With the Federal Reserve and Bank of England policy meetings now concluded, traders are shifting focus towards incoming economic data for clues on growth performance and future market direction.
The upcoming UK and US Flash Purchasing Managers Index (PMI) releases will provide signals on business and economic activity, which could influence expectations for future monetary policy decisions.
Stronger UK data may offer support for sterling, while renewed strength in US economic indicators could favour the dollar.
Key Trading Levels
Level
Price Area
Significance
Resistance 1
1.3365
Immediate intraday resistance
Resistance 2
1.341
Key recovery level
Resistance 3
1.3474
Major resistance zone
Support 1
1.3345
Current support area
Support 2
1.3255
Next downside target
Support 3
1.3194
Key Fibonacci support zone
GBP/USD is currently testing the 1.3345 support zone, which acts as the immediate decision point for the next move. A successful defence of this level could allow buyers to target 1.3410 and 1.3474.
However, a break below support may confirm renewed selling pressure and expose the pair to 1.3255 and 1.3194.
Bullish and Bearish Setups
Scenario
Condition
Key Levels
Potential Move
Bullish Setup
Buyers defend support and push price above resistance
Hold above 1.3345; break above 1.3365
Recovery towards 1.3410, followed by 1.3474 if momentum strengthens
Bearish Setup
Sellers regain control after support breakdown
Break below 1.3345
Further downside towards 1.3255, with 1.3194 as the next major support
For a bullish scenario, GBP/USD could attempt a recovery if buyers defend the 1.3345 support zone and push price back above 1.3365. Momentum indicators would need to confirm improving buying pressure for the rebound to extend.
For a bearish scenario, a break below 1.3345 could signal that sellers remain in control, increasing the risk of a move towards 1.3255. Further weakness below this level may extend the broader September correction.
Disclaimer
The price levels and market scenarios above reflect the author’s assessment at the time of writing. They do not represent financial advice or an official recommendation from VT Markets. Traders should conduct their own analysis and manage risk carefully.
GBP/USD remains at a critical point after its recent decline, with the next direction likely dependent on whether buyers can defend current support levels.
Flash Manufacturing and Services PMI figures are due from both the UK and U.S. on the 23rd, offering crucial clues on economic performance on both the pound and dollar.
If the UK’s PMI report is weak, it suggests a slowing economy, which can lead to a decline in the pound against the US dollar. Conversely, a strong PMI reading indicates a sturdy economy, which could strengthen the pound.
The US PMI data influences the dollar similarly, affecting the GBP/USD exchange rate.
Trade GBP/USD with VT Markets
Trade GBP/USD with competitive spreads, flexible leverage options and advanced trading platforms designed for forex markets.
Access GBP/USD opportunities through MetaTrader 4, MetaTrader 5 and the VT Markets App.
GBP/USD has declined after failing to break higher resistance levels, with sellers gaining control during September. The pair is now testing important technical support zones.
What levels should traders watch for GBP/USD?
Key levels include 1.3410 and 1.3474 on the upside, while 1.3345, 1.3255 and 1.3194 are important downside levels.
What could move GBP/USD next?
Upcoming UK and US PMI data may influence expectations for economic growth and affect the relative strength of the British pound and US dollar.
Is GBP/USD bullish or bearish?
GBP/USD is showing short-term bearish pressure while trading below recent resistance levels. A move above key resistance would be needed to improve the near-term outlook.
Start trading now — click here to create your real VT Markets account.
Gold is holding higher during its recent intraday trading, reaching $4,400 resistance level, which was our morning target, supported by the price continuing to trade above EMA50, giving it renewed momentum that strengthens the chances of extending these gains in the near term, particularly if it breaks above this resistance. The price is also benefiting from breaking above a short-term bearish corrective trendline, alongside positive signals from the relative strength indicators.
.webp "GBP/JPY Forecast 21/09: Pound Tests ¥210 After BoJ Decision")
