The British pound rallied slightly during the session on Tuesday against the US dollar, as market participants are still trying to sort out what it is the Federal Reserve is doing.
It’s worth noting that on Friday, after the speech by Jerome Powell at Jackson Hole, the US dollar was pummeled by multiple currencies as traders started to price in the idea of perhaps the Federal Reserve cutting rates.
However, the Monday session saw a huge drop, although it didn’t wipe out the overall gains.
Now we have seen the market turned back around, but it’s also worth noting that the bullish candle was exactly that big. This tells me that we are more likely than not to try to settle into a short-term range.
Neutral Stance of British Pound?
While the British pound has been one of the better performers against the US dollar over the last couple of years, even on the way down, the reality is that the market has now slowed down and it looks as if the British pound might be going a little bit more neutral. If that’s going to be the case, I would be surprised at all to see the 1.36 level continue to hold as resistance, but it’s also possible that the 1.34 level continues to hold as support, but it’s also possible that the 1.34 level gives way. If it does, then the stance on the British pound changes rapidly, and it becomes much more bearish. All things being equal, this is a market that will continue to move right along with other dollar related currency pairs, but the British pound of course has been stronger than many of his contemporaries.
All things being equal, we will be paying close attention to what the Federal Reserve has to say, and therefore it makes a certain amount of sense that the overall attitude of the Federal Reserve will give us a “heads up as to where the US dollar itself goes.
Christopher Lewis has been trading Forex and has over 20 years experience in financial markets. Chris has been a regular contributor to Daily Forex since the early days of the site. He writes about Forex for several online publications, including FX Empire, Investing.com, and his own site, aptly named The Trader Guy. Chris favours technical analysis methods to identify his trades and likes to trade equity indices and commodities as well as Forex. He favours a longer-term trading style, and his trades often last for days or weeks.
Tea ceremony master Keiko Kaneko demonstrates the tea ceremony at her tea house in Tokyo, Aug. 8, 2025. (AP Photo/Yuri Kageyama)
This shows Matcha Kaki Gori, shaved ice desserts, served at Ogikubo Three Gardens in Tokyo, on July 20, 2025. (AP Photo/Yuri Kageyama)
TOKYO | Clad in an elegant kimono of pale green, tea ceremony instructor Keiko Kaneko uses a tiny wooden spoon to place a speck of matcha into a porcelain bowl.
She froths up the special powdered Japanese green tea with a bamboo whisk after pouring hot water with a ladle from a pot simmering over hot coal.
Her solemn, dance-like movements celebrate a Zenlike transient moment, solitude broken up by the ritualistic sharing of a drink.
No wonder Kaneko and others serious about “sado,” or “the way of tea,” are a bit taken aback by how matcha is suddenly popping up in all sorts of things, from lattes and ice cream to cakes and chocolate.
No one knows for sure who started the global matcha boom, which has been going on for several years. But it’s clear that harvests, especially of fine-grade matcha, can’t keep up with demand.
A booming market
Matcha is a type of tea that’s grown in shade, steamed and then ground into a very fine powder. It’s processed differently from regular green tea, with the best matcha ground using stone mills, and switching from one to the other takes time. No farmer wants to switch and then find that matcha fever has died.
The Japanese agricultural ministry has been working to boost tea growth, offering help for farmers with new machines, special soil, financial aid and counseling to try to coax tea growers to switch to matcha from regular green “sencha” tea.
“We don’t want this to end up just a fad, but instead make matcha a standard as a flavor and Japanese global brand,” said Tomoyuki Kawai, who works at the tea section of the agricultural ministry.
Production of “tencha,” the kind of tea used for matcha, nearly tripled from 1,452 tons in 2008, to 4,176 tons in 2023, according to government data.
Japan’s tea exports have more than doubled over the last decade, with the U.S. now accounting for about a third. Much of that growth is of matcha, according to Japanese government data. The concern is that with labor shortages as aging farmers leave their fields, the matcha crunch may worsen in coming years.
Other countries, including China and some Southeast Asian countries, also are producing matcha, so Japan is racing to establish its branding as the origin of the tea.
An art form turned into a global fun drink
Tea ceremony practitioners aren’t angered by the craze, just perplexed. They hope it will lead to people taking an interest in sado, whose followers have been steadily declining. But they aren’t counting on it.
The tea ceremony is “reminding us to cherish every encounter as unique and unrepeatable,” said Kaneko, who is a licensed instructor.
She pointed to the special small entrance to her tea house. Noble samurai had to stoop to enter, leaving their swords behind them. The message: when partaking of tea, everyone is equal.
The purity and stillness of the ceremony are a world apart from the hectic and mundane, and from the craze for matcha that’s brewing outside the tea house.
The Matcha Crème Frappuccino is standard fare at the Starbucks coffee outlets everywhere. While matcha, a special ingredient traditionally used in the tea ceremony, isn’t meant to be drunk in great quantities at once like regular tea or juices, it’s suddenly being consumed like other fruit and flavors.
Matcha drinks have become popular at cafes from Melbourne to Los Angeles. Various cookbooks offer matcha recipes, and foreign tourists to Japan are taking home tins and bags of matcha as souvenirs.
It’s a modern take on traditions perfected by the 16th century Buddhist monk Sen no Rikyu in Kyoto, who helped shape the traditions of tea ceremony and of “wabi-sabi,” the rustic, imperfect but pure and nature-oriented aesthetic often seen as synonymous with high-class Japanese culture.
Matcha’s future
Minoru Handa, the third-generation chief of suburban tea store Tokyo Handa-en, which sells green and brown tea as well as matcha, says the appeal of matcha is in its versatility. Unlike tea leaves, the powder can be easily mixed into just about anything.
“The health boom and the interest in Japanese culture have added to the momentum,” he said, stirring a machine that was roasting brown tea, sending a pungent aroma through the streets.
“It’s safe and healthy so there’s practically no reason it won’t sell,” said Handa.
His business, which dates back to 1815, has a longtime relationship with growers in Kagoshima, southwestern Japan, and has a steady supply of matcha. To guard against hoarders he limits purchases at his store to one can per customer.
Handa, who has exhibited his prize-winning tea in the U.S. and Europe, expects that growers will increase the supply and shrugs off the hullabaloo over the matcha shortage.
But Anna Poian, co-director and founder of the Global Japanese Tea Association, thinks lower-grade matcha should be used for things like lattes, since one has to put in quite a lot of fine-grade matcha to be able to taste it.
“It’s a bit of a shame. It’s a bit of a waste,” she said.
The best matcha should be reserved for the real thing, she said in an interview from Madrid.
“It is a very delicate, complex tea that is produced with the idea to be drunk only with water,” she said.
Yuri Kageyama is on Threads: https://www.threads.com/@yurikageyama
The price of XRP is holding steady on Wednesday morning. The token is trading in a tight range near $2.90. This comes after a period of short-term weakness. However, the long-term outlook for XRP remains strong. Analysts are issuing bullish forecasts following Ripple’s recent regulatory victory.
XRP Price Analysis for August 27
Today, XRP is trading between $2.83 and $3.17. The token shows a 4% decline over the past week. This contrasts with a 33% gain over the last six months. This price action suggests a period of healthy consolidation.
The immediate resistance level for XRP is $3.32. A break above this could open a path toward $3.66. Key support rests at $2.63. The market is waiting for a catalyst to trigger the next major move.
Analysts Target New Highs After SEC Clarity
Recent legal clarity from the SEC dispute has sparked optimism. Prominent analysts are now predicting significant price milestones. One analyst, EGRAG Crypto, suggests XRP could reach $27 in this bull cycle. This forecast uses Fibonacci extension levels as a guide.
Other estimates are more conservative. Analyst Crypto Rover suggested a range of $3.20 to $4.80. Regardless of the target, the consensus is positive. Many believe regulatory certainty has removed a major barrier to growth.
Fundamental Drivers Behind XRP’s Outlook
Several key factors support XRP’s long-term value. Ripple’s cross-border payment network, RippleNet, is expanding. It now serves over 90 markets worldwide. This increases XRP’s real-world utility.
Institutional adoption is also a key driver. The recent launch of Ripple’s RLUSD stablecoin provides a regulated on-ramp for large investors. This makes it easier for institutions to use Ripple’s payment corridors.
What to Watch: ETF Decision Looms
The next major catalyst for XRP could be a spot XRP ETF. The SEC is expected to make a decision on approval by mid-October 2025. An approval would open new demand from retail and institutional investors. However, challenges remain. XRP’s use in decentralized finance (DeFi) is still low compared to its high market cap.
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The blockchain gaming sector is undergoing a seismic shift, driven by platforms that prioritize accessibility, innovation, and cross-chain interoperability. At the forefront of this evolution is the strategic partnership between Avalanche and Funtico, a collaboration that positions the $TICO token as a linchpin in the expanding Web3 gaming ecosystem. For investors seeking exposure to the next wave of decentralized gaming, this alliance offers a compelling case for long-term value creation.
A Developer-First Ecosystem
Avalanche’s GameLoop initiative, spearheaded by its community-led accelerator LaunchLoop, has long aimed to democratize game development by removing technical and operational barriers. Funtico’s integration as the primary platform for indie developers amplifies this vision. By offering a Publisher-as-a-Service (PaaS) model, Funtico eliminates the need for developers to navigate complex infrastructure, legal frameworks, or payment systems. This lowers the entry barrier for creators, enabling a surge in high-quality, blockchain-native games.
The partnership’s immediate impact is evident in the launch of the first Avalanche GameLoop season, which allocates a $30,000 prize pool to incentivize developers to build browser-based games. These titles will be showcased in global tournaments hosted on Funtico’s platform, creating a feedback loop where developers gain visibility and players engage in competitive, incentivized environments. This dual focus on creator and consumer demand is a hallmark of sustainable ecosystem growth.
The $TICO Token: A Utility-Driven Catalyst
Central to this ecosystem is the $TICO token, which serves as the backbone of transactions, rewards, and governance. Launched on Avalanche in January 2025, $TICO is designed to facilitate seamless interactions across games, tournaments, and monetization channels. Its cross-game utility—enabling players to use the token for tournament entries, in-game purchases, and developer rewards—creates a flywheel effect: as more games and users join the platform, demand for $TICO naturally increases.
Funtico’s deflationary mechanisms further bolster the token’s value proposition. By implementing token burns and governance rights, the platform ensures scarcity and community-driven decision-making. Additionally, the token’s planned bridging to Ethereum and Polygon expands its accessibility, attracting a broader user base and liquidity pools. For investors, this multi-chain strategy mitigates risks tied to a single blockchain’s volatility while enhancing $TICO’s utility.
Market Dynamics and Long-Term Potential
The partnership’s success hinges on its ability to bridge Web2 and Web3 audiences. Funtico’s integrated payment gateways, which support both fiat and cryptocurrency, cater to mainstream gamers while introducing them to blockchain’s benefits—such as true ownership of in-game assets and transparent reward systems. This hybrid approach mirrors the early adoption curves of platforms like Steam and Roblox, which scaled by balancing innovation with user familiarity.
Moreover, the initial roster of games—ranging from Formula Funtico to Heroes of the Citadel—demonstrates the platform’s versatility. These titles are not just entertainment; they are testbeds for proving the viability of blockchain-based monetization. As developers experiment with tokenized rewards and cross-game interoperability, the ecosystem’s value accrual becomes self-reinforcing.
Investment Thesis: A Gateway to the Future
For early-stage investors, $TICO represents more than a speculative asset—it is a gateway to a developer-friendly, player-driven gaming economy. The token’s utility is deeply embedded in the platform’s infrastructure, ensuring its relevance as the ecosystem scales. Key metrics to monitor include the number of active developers, tournament participation rates, and cross-chain transaction volumes.
The broader market context also favors $TICO. Avalanche’s AVAX has shown resilience in a volatile crypto landscape, with its subnets and enterprise partnerships driving institutional interest. A rising AVAX price could further amplify $TICO’s value, as the token’s liquidity and adoption are tied to Avalanche’s network growth.
Conclusion: Positioning for the Next Frontier
The Avalanche-Funtico partnership is a masterclass in strategic alignment. By combining Avalanche’s scalability with Funtico’s developer-centric tools, the duo is building a foundation for Web3 gaming’s mass adoption. For investors, the $TICO token encapsulates this vision—a utility-driven asset with deflationary safeguards, cross-chain flexibility, and a growing ecosystem of games and players.
As the gaming industry continues its migration toward decentralized models, $TICO’s role as a unifying currency positions it as a high-conviction play. Early adopters who recognize the synergy between Avalanche’s infrastructure and Funtico’s execution are likely to reap significant rewards as the ecosystem matures. In a sector where innovation and adoption are inextricably linked, this partnership offers a rare opportunity to invest in the infrastructure of the future.
The Jackson Hole symposium set the stage for a renewed dovish shift in global markets. Fed Chair Jerome Powell’s remarks – emphasizing labor market softness and openness to easing – were read as a green light for September rate cuts. This was further amplified by political turbulence: the U.S. President’s move to block Fed Governor Lisa Cook rattled investor confidence in the Fed’s independence, a rare development that undermined the dollar’s stability.
Together, these factors have kept EUR/USD from breaking lower despite eurozone weakness, as markets lean heavily toward a dollar-softening policy shift.
Fundamental drivers: CME FedWatch and policy odds
The latest CME FedWatch tool underscores how markets are positioned:
87.3% chance of a 25bps cut at the September 17 FOMC meeting, which would bring the Fed funds rate into the 400–425bps band.
Only 12.7% odds of no change, while 0% probability of a hike remains firmly priced out.
This overwhelming conviction reflects not only Powell’s Jackson Hole tone but also the broader sense that the Fed will prioritize cushioning growth over fighting residual inflation.
Upcoming high-impact data: PCE and spending (Aug 29)
Friday’s U.S. Core PCE Price Index (July) – the Fed’s preferred inflation gauge – will be crucial for EUR/USD direction.
Expected 0.3% MoM (steady with prior) → A soft read could reinforce cut expectations, weakening USD and lifting EUR/USD above resistance.
Upside surprise (0.4% or higher) → Would undermine September cut conviction, sparking a USD rebound and pressure toward 1.1550.
Alongside this, Personal Spending (0.5% prior, forecast 0.3%) and Personal Income (0.4% prior, forecast 0.3%) will offer insights into U.S. consumer resilience. Stronger data could delay Fed cuts, while weakness supports the dovish case.
In short, these releases are the last major inflation/consumption checkpoint before September FOMC, making them a likely volatility trigger for EUR/USD.
Technical outlook: EUR/USD holding inside H4 fair value gap
EUR/USD is currently trading around 1.1628, consolidating within a clearly defined H4 Fair Value Gap (1.1583 – 1.1742). This imbalance is dictating near-term flows, with buyers and sellers battling over whether price will sustain within or break out of the zone.
The resistance at 1.1742 coincides with the post–Jackson Hole spike high, acting as a key resistance.
The midpoint zone near 1.1665 is a short-term pivot, where rejection could fuel another leg lower.
On the downside, 1.1602 – 1.1583 is immediate support, where liquidity could be swept before any bullish continuation attempt, or even a downside breakdown.
Bullish narrative: Sweep into expansion
EUR/USD could dip into the 1.1602–1.1583 liquidity pocket before snapping higher. A reclaim of the 1.1665 pivot would set up a drive toward the 1.1742 FVG top, with potential extension to 1.1780–1.1820. Softer U.S. Core PCE data would reinforce this upside case.
Sweep of 1.1602–1.1583 then rebound
Break above 1.1665 pivot
Targets: 1.1742 → 1.1780–1.1820
Bearish narrative: Pivot rejection
If EUR/USD fails at the 1.1665 pivot, sellers may regain control. A break below 1.1602 would expose 1.1583, and losing that level risks a slide toward 1.1550–1.1500. Stronger U.S. inflation or spending data would favor this bearish path.
Rejection at 1.1665 pivot
Break below 1.1602 → 1.1583
Downside: 1.1550 → 1.1500
Final thoughts
EUR/USD is sitting at a crossroads inside the H4 Fair Value Gap (1.1583–1.1742). With markets already pricing an 87% chance of a Fed cut, the dollar’s next move hinges on whether Friday’s Core PCE data validates or challenges that dovish outlook.
Until then, expect liquidity sweeps around 1.1600–1.1665 to shape intraday flows. A breakout above the FVG could unlock further upside, while a pivot rejection risks dragging the pair back toward 1.1550–1.1500. Traders should remain flexible, treating the upcoming U.S. data as the key volatility trigger that decides whether EUR/USD resolves higher or lower.
The Academy of Nutrition and Dietetics recommends that men who are missing key vitamins from their diets, lack regular physical activity or adequate amounts of sleep take a multivitamin. Men specifically require a multivitamin that contains some of the following.
Vitamin A
Found in cantaloupe, carrots, eggs and milk, vitamin A (along with carotenoids, a version of vitamin A found in plant sources) is important for eye health. According to the CDC, only 10% of US adults meet the vegetable intake recommendations. Taking vitamin A in a multivitamin can help bridge this gap in men’s diets. Adult men are recommended to obtain about 900 micrograms daily.
Vitamin C
Most commonly found in citrus fruits, vitamin C plays an important role in collagen production, protein metabolism and immunity. Again, if men aren’t eating enough fruits and vegetables, a vitamin supplement is encouraged. Men are recommended to obtain 90 milligrams a day.
Vitamin D
Aiding in bone health, vitamin D is obtained from the sun’s UV rays. If men aren’t spending enough time outside and in the sun, a supplement is required for optimal health. Adult men are recommended to obtain 15 micrograms daily.
Found in nuts, seeds and leafy vegetables, magnesium is essential for regulating chemical reactions, muscles and nerves, bone development and energy production. Men should obtain 420 milligrams of magnesium daily.
Zinc
Although the body requires only a small amount of zinc, it’s an essential nutrient for DNA, cell and healthy tissue production. Zinc supplements also improve prostate health. This nutrient is most commonly found in meat and fish. If you’re following a vegetarian or vegan diet, a zinc supplement is recommended. It’s recommended that men consume 11 milligrams of zinc daily.
Missing any of these important vitamins or minerals in your diet? You might need to consider investing in a multivitamin. The best multivitamin for men is one you will take regularly, so it is important to build good habits. We have chosen a few brands we think will get you on the right track. To create this curated list, we took into account price, quality, certifications and vitamin and mineral quantities.
The Solana Price is being questioned as investors question whether it may fall to $150 in September. In the meantime, Remittix (RTX) has crossed $21,6 million raised in presale with over 622 million tokens sold at $0.0987 per token.
This is a reflection of how investors are shifting focus between established assets like Solana and future crypto opportunities that bring new utility to decentralized finance.
Solana Price Pressure And Market Sentiment
The Solana Price currently stands at $188.72, marking a 5.38% daily drop. Its market cap standing at $102.16 billion and its $10.17 billion daily volume, falling by 24.41%, show losing steam in the Solana universe. According to some analysts, there could be a fall to the $150 level in the event of prolonged selling pressure.
For investors, this environment spotlights the growing trend towards crypto early-stage investment. Instead of relying solely on major tokens, most are opting to take a plunge into crypto presales that are happening now, especially those that have strong real-world use cases. That’s where Remittix leads the pack as a new altcoin to invest in 2025.
Remittix Presale Momentum
Remittix has already achieved spectacular gains in its fundraising journey. The project reached the milestone of $20 million, which resulted in it announcing its first centralized exchange listing on BitMart. You can find the official BitMart announcement here.
Remittix is, in effect, a cross-blockchain DeFi platform designed for low gas fee cryptocurrency transactions. Its presale is still trending among those in search of the top crypto presale 2025 since RTX presents pragmatic usage alongside potential long-term growth. Wallet Beta Release In Q3
The biggest release so far for Remittix is that it is releasing in beta wallet Q3 2025. It will enable users to send cryptocurrencies like BTC, ETH and XRP to bank accounts in over 30 countries with support for 40+ cryptocurrencies and 30+ fiat currencies.
The wallet includes real-time FX conversion, transparent rates and a mobile-first strategy. The wallet is aimed at freelancers, remitters and businesses in need of instant and low-cost cross-border transactions. By fixing a $190 trillion global payments market, Remittix is a crypto that’s solving real-world problems and not speculation.
How Remittix Is Creating Real-World Impact
Over $21,6 Million raised with 622Million+ tokens sold
Confirmed first CEX listing on BitMart
Q3 2025 wallet beta release
$250,000 giveaway creating community hype
While Solana Price movements are uncertain, Remittix type projects are gaining strong traction with open utility and adoption plans. With its presale momentum, exchange listing confirmation and wallet beta launch, RTX is becoming one of the best DeFi projects 2025 and a crypto favorite under $1.
Discover the future of PayFi with Remittix by checking out their presale here:
Bitlayer has initiated the verification phase for its BTR airdrop, with the claiming window opening at 6:00 PM UTC on August 27, marking a significant milestone for the Bitcoin DeFi ecosystem. The airdrop, part of the Token Generation Event (TGE), is designed to reward early contributors, partners, liquidity providers, and community participants who have engaged with the Bitlayer network. The airdrop allocation amounts to 10% of total BTR tokens for ecosystem incentives and 2.66% for Binance Booster and pre-TGE campaigns. The claiming window will remain open for one month for each unlock period starting from August 27 at 10:00 UTC.
Eligibility for the BTR airdrop is determined by various categories of contributions to the Bitlayer ecosystem. These include holders of BTR, Bitlayer Gems, and Bitlayer Points credited at the Bitlayer Racer Center, as well as participants in the Bitlayer Super Racer Draw and community events such as lucky draws on the Bitlayer official X account and ambassador programs. Additional categories include anti-rug warriors and participants in joint campaigns with partners like Binance, OKX, Bybit, and GoPlus. The airdrop also encompasses rewards from the Desyn BLBTC Trading Pool, DeAgentAI, and RollX Ecosystem Series campaigns, where BTR is part of the earnings or rewards structure.
The claiming process involves connecting eligible wallets and following the vesting schedules outlined by Bitlayer. For example, BTR rewards from the Super Racer Draw and Community Events are 100% unlocked at TGE. Meanwhile, BTR credited at the Bitlayer Racer Center is subject to a three-tier vesting schedule: 80% unlocked at TGE, 10% unlocked 6 months after TGE, and 10% unlocked 12 months after TGE. Similar vesting applies to Bitlayer Gems and Points. It is worth noting that BTR rewards from the Binance Booster and Binance Wallet Ecosystem Campaigns are claimable via Binance Wallet on the BNB chain, with unlock schedules detailed on the Binance Wallet rewards claim page. Users who participated in Bitcoin Layer 1 staking liquidity provision can connect their BTC addresses to claim incentives on their designated Bitlayer or BSC wallets.
Bitlayer emphasized the importance of ensuring that eligible wallets hold sufficient gas for BTR claiming, as BitlayerBTC serves as the gas token on the Bitlayer Chain. The project also highlighted the need for users to remain vigilant against scams and verify all information from official channels. This round of the BTR airdrop is positioned as a foundational step in Bitlayer’s broader strategy to expand Bitcoin’s utility through DeFi infrastructure, including a trust-minimized BitVM Bridge, a yield-bearing asset YBTC, and a high-throughput Bitcoin Rollup.
The announcement of the BTR airdrop and TGE aligns with Bitlayer’s broader token economics, which allocates 40% of the total supply for ecosystem incentives, 20.25% to investors and advisors, 12% to the core team, 11% for public distribution, 7.75% for node incentives, 6% for the treasury, and 3% for liquidity. The token’s total supply is fixed at 1 billion, with an initial circulation of 261.6 million tokens. The BTR token is designed to facilitate staking, node voting, on-chain governance, and a fee distribution mechanism, with cross-chain compatibility across the Ethereum mainnet and BNB Smart Chain.
Analysts and market observers have noted the potential for BTR to gain traction due to its alignment with Bitcoin’s security and scalability goals. Early price projections suggest a launch range between $0.35 and $0.50, with short-term expectations reaching between $1 and $2 and a longer-term prediction of $10 within a year, contingent on continued adoption and market demand. The project’s listing on major exchanges such as Binance, KuCoin, and MEXC further supports its visibility and accessibility in the broader cryptocurrency market.
[2] Bitlayer has opened BTR airdrop inquiries and will be … (https://www.panewslab.com/en/articles/dc730d23-899f-4a6f-8418-ecb409e22537)
[3] PA Daily | Bitlayer Announces BTR Token Economics (https://www.panewslab.com/en/articles/8f81ea4b-1f3b-484e-bd05-332ac1683ec5)
[4] Bitlayer Listing Date Out Now: BTR Token Price Details Here (https://www.coingabbar.com/en/crypto-currency-news/bitlayer-listing-date-officially-out-btr-price-prediction-detail?srsltid=AfmBOooBKJmORF6BrKhU10oY1o1n3rzUDFSKspiBeehc5-ZtntCxTdxo)
The EURJPY pair remains affected by the dominance of the sideways bias until this momentum, due to the continuation of the contradiction between stochastic negativity by its reach below 50 level and the stability within the main bullish levels, besides the stability of the moving average 55 near the support of the channel at 168.85.
Reminding you that the continuation of forming extra support at 170.45 level supports our bullish expectation by confirming its stability within the bullish track, therefore, we will keep waiting for gathering the positive momentum, to ease the mission of pressing on the barrier at 173.40, then begin targeting the main stations near 174.10 and 175.20.
The expected trading range for today is between 171.25 and 173.40
Platinum price surprised by a new obstacle at $1355.00, decelerating the chances of resuming the bullish attempts, which force it to form sideways fluctuation near $1345.00 level, by the above image we notice forming an important extra support at $1326.00 to reinforce the dominance of the bullish bias, increasing the chances for gathering the positive momentum in the current period.
Therefore, we will keep our bullish scenario depending on the stability of the extra support, to wait for breaching the extra barrier to open the way for achieving more of the gains by its rally towards $1383.00 reaching $1408.00.
The expected trading range for today is between $1335.00 and $1383.00
