Platinum price began gathering positive momentum by stochastic stability above 20 level, to notice attacking the barrier at $1342.00, which forms a key for regaining the bullish bias of the current trading.

The contradiction between the moving average 55 with the attempt of regaining the bullish bias makes us monitor the price behavior and wait for the next close to confirm the expected trend of the upcoming trading, as breaching the barrier and holding above $1355.00 will reinforce the chances for achieving several gains that might begin at $1375.00 and $1415.00, while the breach will motivate the bearish correctional track, and there are chance for declining towards $1290.00.

The expected trading range for today is between $1325 and $1342.00

Trend forecast: Neutral

The CADCHF price confirmed surpassing the negative pressure by providing several positive closes above the support of 0.5775 level recently, activating with stochastic positivity and its rally to 0.5885, approaching the initial barrier at 0.5910.

Stochastic rally above 50 level makes us expect to breach the mentioned barrier, to resume the bullish attack by reaching 0.5965 followed by the next resistance at 0.6022.

The expected trading range for today is between 0.5830 and 0.5965

Trend forecast: Bullish

Despite the stability of the EURJPY pair above 170.45 level, the repeated fluctuation below the extra barrier at172.00 decelerates the chances of achieving new gains until this moment, reaching its fluctuation in sideways range near 171.85.

The price might be forced to provide sideways trading, but the continuation of providing positive momentum by the main indicators will reinforce the chances of surpassing the mentioned obstacle, opening the way for achieving clear gains by its rally to 172.65 and 173.80.

The expected trading range for today is between 171.20 and 172.65

Trend forecast: Bullish

The GBPJPY pair continued forming bullish waves, achieving a clear breach to %61.8 Fibonacci correction level at 197.45, surpassing the moving average 55 and achieving some extra targets by reaching 198.15.

Forming extra support at 197.45 level and providing extra positive momentum by the main indicators makes us expect forming bullish attempts to target 198.85 level, and surpassing it might extend the trading towards 199.55 which formed a strong obstacle against the bullish attack.

The expected trading range for today is between 197.50 and 199.20

Trend forecast: Bullish