In spite of the negative pressures that platinum price faces it by stochastic exit from the overbought level, but the repeated stability above the extra support at 980.00 and the stability of the moving average 55 near it assists to confirm the bullish scenario in the upcoming trading.

And that makes us wait for gathering the positive momentum again, to allow it to surpass the barrier at 1040.00 level, opening the way towards targeting new positive targets that might begin at 1070.00 and 1100.5.00.

The expected trading range for today is between 990.00 and 1040.00

The expected trend for today: Bullish

The GBPJPY pair touched 168.70 level this morning, to form an intraday barrier against the bullish rally, to notice forming a temporary correctional rebound in order to catch its breath before resuming the expected bullish attack.

Reminding you that the main stability within the bullish channel, and the continuation of forming extra support at 165.20 level, so these factors confirm the continuation of the positivity, to expect the price activation with stochastic positivity, in order to reach new positive stations that might begin at 169.15 reaching the psychological barrier at 170.00.

The expected trading range for today is between 167.30 and 169.00

The expected trend for today: Fluctuated within the bullish track.

The EURJPY pair ended its bullish rally by reaching 144.25, to form a strong extra barrier against the suggested bullish trading, in spite of the continuation of providing positive momentum, but the stability of the current barrier might force it to form mixed trading, which might push it to decline correctly to 142.20.

While the price success to surpass the barrier and providing positive close above it, so that will assist to reinforce the domination of the bullish bias, to increase the chances for resuming the rise to target new levels that might begin at 144.85 and 145.65.

The expected trading range for today is between 144.50 and 142.90

The expected trend for today: fluctuated within the bullish track

The Spanish index failed to settle above 7235 level, to force it to delay the bullish attack and providing bearish correctional trading, to reach 7025 as appears in the above image, note that there is a possibility to resume the negative fluctuation in the current period, to push the price to the moving average at 6920, and surpassing it might extend the losses to 6730 in the medium period trading. 

The expected trading range for today is between 7140 and 6920

The expected trend for today: Bearish