The GBPJPY attacks the resistance– Forecast today – 9-5-2025
The GBPJPY pair took advantage of suffering strong positive pressures, to notice surpassing the moving average 55 and providing strong pressures on the resistance of the sideways triangle at 193.45.
Noting that the stability above the support of the sideways track at 191.00 level, by the continuation of providing positive momentum by the positive momentum, these factors might assist breaching the mentioned resistance, opening a new way for the price to record more of the gains by reaching 194.60 reaching the achieved top at 195.85 level.
The expected trading range for today is between 191.80 and 194.00
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.
Platinum price repeats the sideways fluctuation– Forecast today – 9-5-2025
Platinum price continued forming weak sideways waves by its repeated fluctuation near the barrier at $983.00, which represents a strong obstacle against the attempts to regain the bullish bias.
The contradiction between the main indicators makes us wait for achieving the required breach, to reinforce the chances of renewing the bullish attempts that might target $1000.00 and $1017.00, while the repeated stability below the barrier might assist forming some bearish waves, which might force the price to suffer some losses by reaching the moving average 55 at $962.00.
The expected trading range for today is between $974.00 and $ 1000.00
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 declined below the support– Forecast today – 9-5-2025
Copper price failed to settle above the extra support at $4.5400 by stochastic negative momentum, to push it to suffer several losses by hitting $4.4200, to settle below the moving average 55.
The continuation of the negative pressures makes us prefer more of the negative trading in the current period, to target $4.3200 level, while regaining the bullish bias requires forming strong bullish waves, to settle above $4.6600 level, which represents %50 Fibonacci correction level.
The expected trading range for today is between $4,3800 and $4.5800
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 breaks the neckline of triple top -Analysis-09-05-2025
The (GBPUSD) price declined in its recent intraday trading, breaking the critical support level at 0.3260, which represents a neckline for clear negative formation on the short-term basis – the triple top pattern, which reverses the previous bullish trend. This break is considered as a strong technical signal for turning the price behavior, supporting the continuation of the dominant bearish correctional wave on the price.
This negative performance comes amid the continuation of the negative pressures, with the stability of the price below EMA50, besides the emergence of the negative signals on the (RSI), despite its stability below 0.3260, to target the support at 1.3160.
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.