The pair attempts to settle below the initial support in Friday’s trading recording negative level towards 154.95 to return to settle above the support 155.35, thus we remain waiting new signal that allows the price to settle below the previous support to visit the initial target level around 154.00 followed by 152.85

Stochastic attempts to settle above 50 level supporting the main and bullish bias to provide a possibility for visiting 147.35 if the previously mentioned initial support level remained stable, thus we must wait the required breaking signal to confirm the expected correctional bearish bias.

Expected trading range is between 156.50 and 154.00

Expected trend: bearish

Platinum ended its last sideways trading by visiting the first and second target in our previous report around 1460.00 and 1440.00 to settle below 1465.00 attempting to achieve more levels reaching to the main target around 1400.00 in the near and medium period.

All the indicators support the current dominant negativity on the trading as the stability of the trading below 50% Fibonacci which is supported by the EMA50, and Stochastic supports our bearish overview by breaking below 20 as appears in the above chart.

Expected trading range is between 1455.00 and 1414.00

Expected trend: bearish

Copper trading continued below 3.3700 which forms the neckline of the double top pattern which is supported by the EMA50, keeping our expectation to reach bearish levels around 3.1700 – 3.1250 reaching to 3.000.

Carefully note that in spite of the negative bias domination on the trading, the price effects currently now with sideways bias due to the contradiction between the general bias and Stochastic which provides bullish signals to get new negative momentum to achieve the suggested targets.

Expected trading range is between 3.1700 and 3.3250

Expected trend: bearish.

The NZD/USD broke the long-term bullish channel's key support, making us expect the downtrend, which dominated for the past two weeks, is not sufficient to complete overall bearishness. The pair is steady below 0.8210, or 38.2% Fibonacci correction, allowing the downtrend to extend to 0.7920 at 61.8% correction, passing by 0.8065 at 50% correction. Note that breaking the latter is important to stimulate the intraday downtrend's continuation.

- Trading range expected this week is between the key support at 0.7920 and the key resistance 0.8355.

- Short-term trend is bullish targeting 0.8845 if 0.8130 remains intact on daily basis.