Platinum price records the initial target– Forecast today – 12-5-2025
Platinum price succeeded to confirm surpassing the barrier at $983.00, activating the suggested bullish rally, to achieve the initial target by reaching $1002.00, the stability of the price above the breached barrier is required for taking advantage of the main indicators positivity, to attempt to record new gains by its rally towards 61.8%Fibonacci correction level at $1017.00.
The price decline below $983.00 and providing negative close will cancel the bullish suggestion, which forces the price to suffer several losses by reaching $965.00, then press on the support at $950.00.
The expected trading range for today is between $990.00 and $1017.00
Trend forecast: Bullish
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
Copper price is weak– Forecast today – 12-5-2025
Copper price rally above the moving average 55, will not affect the negative suggestion for the current trading, because of the formation of consecutively lower peaks, keeping its stability below the main barrier at $4.9100.
The price might keep forming weak trading until gathering the negative momentum, that assist to confirm breaking $4.5000 level, then begin targeting new negative stations by breaching $4.4500 reaching $4.3100.
The expected trading range for today is between $4.5000 and $4.7000
Trend forecast: Bearish
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
GBPUSD surrenders to the negative pressures -Analysis-12-05-2025
The (GBPUSD) price declines in its recent intraday trading, affected by reaching the resistance of its EMA50, which put it under negative pressure, especially with the dominance of a bearish correctional wave on the short-term basis, besides the emergence of negative overlapping signals on the short-term basis, besides the reaching exaggerated overbought levels compared by the price move, which indicates the beginning of forming a negative divergence, which reinforces the bearish trend scenario.
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
USDJPY surges high -Analysis-12-05-2025
The (USDJPY) price surges in its recent intraday trading, to settle again above the resistance at 145.52, representing 50%Fiboancci correction level for the last bearish wave on the short-term basis (from 151.20 to 139.88).
This performance comes from the price trading alongside a bullish correctional trend line on a short-term basis, with the continuous positive pressure due to its trading above its EMA50, besides the emergence of the positive signals on the (RSI), after offloading the price’s clear overbought conditions.
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.