The coffee price continued to form negative trading affected by the repeated negative stability below the resistance at 383.70, besides reaching below 23.6%Fibonacci correction level at 371.10, to suffer extra losses by reaching 395.40.

Note that stochastic attempt to reach the oversold level will increase the negative pressures on the trading, to expect suffering extra losses that might begin at 351.20 and 339.20.

The expected trading range for today is between 351.20 and 370

Trend forecast: Bearish

The EURJPY pair ended the temporary negative trading by testing the moving average 55 at 161.80, then bouncing directly above the support at 162.00, announcing the continuation of the suggested bullish track.

The unionism of the main indicators by providing positive momentum, to expect renewing the bullish attempts, to target the barrier at 163.35 and surpassing it will open the way for recording several gains that might begin at 164.00 reaching the next barrier at 164.80.

The expected trading range for today is between 162.00 and 163.35

Trend forecast: Bullish

The GBPJPY pair succeeded to surpass the negative pressures after facing the moving average 55, which formed extra support at 192.10, forming some bullish waves and its stability near 193.30 to increase the chances for activating the previously waited bullish attack.

By the above image, we notice stochastic rally above 20 level, to reinforce the chances for gaining the positive momentum, to keep our bullish expectations to target 194.60 level.

The expected trading range for today is between 192.60 and 194.60

Trend forecast: Bullish

Platinum price succeeded to surpass the resistance at $1083.00 level this morning, to confirm its move to a new positive station, recording some of the gains by hitting $1095.00 level.

The stability of stochastic within the overbought level is important to make the price gather the required extra positive momentum and reaching the positive stations near $1100.00 and $1125.00.

The expected trading range for today is between $1080.00 and $1100.00

Trend forecast: Bullish