Platinum price reached the initial extra target at $1100.00, to begin providing sideways trading, due to its neediness to the positive momentum by the stochastic attempt to exit the overbought level.

The suggested scenario depends on the stability of $1080.00 level, which represents the extra support, the stability of the support will increase the chances for renewing the bullish attempts, which might target $1125.00 level, while reaching below this support will increase the chances for renewing the bullish attempts, targeting $1125.00, while reaching below the support will delay the bullish rally, and there is a chance for forming correctional trading, which might target $1068.00 and $1060.00 level.

The expected trading range for today is between $1080.00 and $1125.00

Trend forecast: Bullish

Copper price succeeded to confirm surpassing the barrier at $4.6600, to achieve clear gains by its fluctuation near 61.8%Fibonacci correction level at $4.8100.

Note that stochastic reach to the overbought level might provide intraday positive momentum, to increase the chances for targeting the barrier at $4.8900, while the price return to settle below $4.8100 might push it to begin gathering gains by reaching $4.7400.

The expected trading range for today is between $4.7800 and $4.8900

Trend forecast: Bullish

The (GBPUSD) price continued its rise in the last intraday trading, breaching the resistance at 1.3525, reinforcing its strength within a dominant bullish track on the short-term basis.

This performance is supported by trading above its EAM50, besides the continuation of the positive momentum on the (RSI), despite its stability in overbought levels, which reflects the continued relative’s dominance of the buyers.

The (USDJPY) price witnessed fluctuated trading in the intraday levels, rising temporarily affected by the stability of the key support level at 142.40, gaining positive momentum to attempt to recover some of its previous losses, at the same time it attempts to offload some of its clear oversold condition on the (RSI), especially with the beginning pf positive overlapping signals, it seems that the sellers is the dominant on the price move, it bounced quickly preparing for breaking this key support, amid its trading alongside a minor bearish trend on the short-term basis.