Category: Forex News, News
The EURJPY needs to confirm the breach– Forecast today – 14-5-2025
Platinum price forced to provide slow sideways trading, due to the continuation of the main indicators’ contradiction, to keep its fluctuation near the $991.00 level, while the continuation of forming sold barrier at $1005.00 level will increase the chances for activating the negative track, to attack the moving average 55 at $965.00, then press on the support at $950.00.
While regaining the bullish bias requires forming a strong bullish rally, to surpass 61.8% Fibonacci correction level at to confirm its readiness to record new gains that begin at $1027.00, to confirm its readiness to record new gains that begin at $ 1027.00 and $1040.00.
The expected trading range for today is between $965.00 and $ 1000.00
Trend forecast: Bearish
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Written by : Editorial team of BIPNs
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