The tight range remains dominating the pair’ s trading keeping the levels stable against the price move towards 157.15 as a main resistance and at 155.60 as an initial support level, thus we recommend waiting until breaching above the previous levels, reminding you that the possibility of a bearish bias is valid if the main resistance remained intact.

Stochastic provides bearish signals by hitting 50 level but we recommend waiting until breaking below the initial support reaching towards 154.00 followed by 153.85 which represents the moving average level 55.

Expected trading range is between 157.10 and 154.00

Expected trend for today: bearish.

In spite of the dominant sideways trading, the price provides negative signal by settling below the moving average 55 recording 1470.00 since the morning trading, therefore we remain in our bearish expectation to visit 1460.00 as a first target which by breaking below it then the second target will be around 1440.00

All the indicators support the expected negativity, as Stochastic supports the moving average by forming bearish bias through settling below 50 level providing a clear momentum to hit the suggested targets.

Expected trading range is between 1490.00 and 1440.00

Expected trend for today: bearish.

Copper price remains trading negatively by settling below the initial resistance 3.3800 as appears in the above chart but without achieving new levels to stay waiting for achieving the previously suggested targets around 3.1500 and 3.0000

Stochastic is supporting our bearish overview by settling below 50 level to provide the required negative momentum to achieve the waited targets.

Expected trading range is between 3.1700 and 3.3700

Expected trend for today: bearish.

The pair retested 0.9595 level which was mentioned yesterday, and bounced to the upside to resume the expected positive trading on the intraday and short term basis, supported by the EMA50, to wait upside targets that begin at 0.9770 and extend to 0.9950

Breaking below 0.9595 and settling below it will stop these positive expectations and lead to test 0.9400 level.

Expected trading range for today is between: 0.9595 support and 0.9770 resistance.

Expected trend for today: Bullish