empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

19.02.202507:26 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Platinum Commodity Instrument, Wednesday February 19, 2025.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 19.02.2025 analysis

If we look at the 4-hour chart of the Platinum commodity instrument, a Bearish 123 pattern appears followed by several Bearish Ross Hook (RH) where all of this indicates that #PLF is in a weakening condition so that as long as there is no strengthening that breaks through and closes above the 1043.5 level, Platinum will try to test and break through and close below the 983.5 level and if successful, #PLF has the potential to continue its weakening to the 936.5 and 903.4 levels if the momentum of the weakening and its volatility support it.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2025

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.
Widget callback

Turn "Do Not Track" off