The CADJPY price ended the correctional decline by testing the additional support at 115.40 and settling above it as appears on the chart, while stochastic attempt to exit the oversold areas will increase the chances of gaining the positive momentum, to expect renewing the bullish attempts to target 116.55 level soon, followed by reaching the first main target at 117.45.

The expected trading range for today is between 115.50 and 116.45

Trend forecast: Bullish

The EURJPY pair ended yesterday by touching 172.90 level that formed additional barrier against the bullish rally, to form temporary negative rebound and settle near 172.45, affected by stochastic continuous fluctuation near 20 level as appears on the chart.

We remind you that the bullish scenario will remain valid as long as the price is stable above 171.60 support line, to expect renewing the bullish attempts until surpassing the mentioned barrier and start recording additional gains that might extend towards 173.45 followed by reaching the main target at 174.30.

The expected trading range for today is between 172.10 and 173.45

Trend forecast: Bullish

The GBPJPY pair failed to hold above 205.30 obstacle due to stochastic exit from the overbought areas, to force it to postpone the bullish attack and provide intraday negative rebound to settle near 205.25.

We remind you that the main stability above the main bullish channel’s support line at 204.45 in addition to 204.75 level that attempts to form the additional support allow us to keep the bullish overview, to expect gathering the positive momentum and start targeting the positive stations near 206.45 and 208.00.

The expected trading range for today is between 204.80 and 206.45

Trend forecast: Bullish

Platinum price succeeded to get rid of the temporary negative pressures by providing new positive close above 983.00$ support line, forming some bullish waves to settle near 1000.00$, while getting the positive momentum by the major indicators will increase the chances of breaching 1015.00$ obstacle to open the way to reach the first main target at 1042.00$.

The expected trading range for today is between 990.00$ and 1023.00$

Trend forecast: Bullish