Copper price began forming a negative move, activating with the negativity of the main indicators, to settle near the extra support at $4.5000, facing negative pressures will increase the chances for breaking the current support, to open the way towards targeting extra negative stations, which might begin at $4.4500 reaching $4.3100.

The failure to break the current support might push the price to form mixed trading, and there is a new chance for targeting 50%Fibonacci correction level near $4.6600.

The expected trading range for today is between $4.4500 and $4.5600

Trend forecast: Bearish

The (USDJPY) price rose in its recent intraday trading, affected by its lean on a bullish bias trend line on the short-term basis, accompanied by its lean on the support of the EMA50, providing more of the positive momentum that assisted it to achieve some gains, noticing the emergence of positive overlapping signals on the (RSI), after reaching oversold levels, supporting the price to achieve more of the rises.

The (USDJPY) price declined in its recent intraday trading, affected by the stability of the current resistance level at 145.90, accompanied by reaching the resistance of its EMA50, increasing the strength of this area as a resistance, especially with the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, exaggeratedly compared by the price move, which suggest forming a negative divergence, on the other hand, the price moves alongside a bullish correctional trend line on the short-term basis, representing dynamic support that might decelerate the upcoming losses.

The (USDCAD) price declined in its recent intraday trading, amid the emergence of the negative signals on the (RSI), accompanied by its attempts to gain positive momentum that might assist it to breach the stubborn critical resistance at 1.4000.

To lean on a bullish correctional trend line on the short-term basis, supported by its continuous trading above its EMA50, which provides more positive pressure.