The EURJPY pair formed strong bullish rally yesterday, confirming its surrender to the domination of the bullish bias, to notice its fluctuation near the second target at 161.65, taking advantage of its stability above the MA55.

We expect to form additional support at 160.10, beside stochastic additional positive momentum, to continue forming the bullish waves and attempt to press on 162.40 resistance line, followed by monitoring its behavior due to the importance of this level to detect the next trend.

The expected trading range for today is between 160.80 and 162.40

Trend forecast: Bullish

The GBPJPY pair took advantage of the stability of 188.50 support line to activate the bullish track and start achieving many gains by rallying towards 191.70, to approach the target mentioned in our previous report.

We notice stochastic attempt to provide the additional positive momentum to increase the efficiency of the bullish track, to expect attacking 192.10 obstacle, while surpassing it might extend trades towards 50% Fibonacci correction level at 193.25.

The expected trading range for today is between 190.80 and 193.25

Trend forecast: Bullish

Platinum price got the additional positive momentum yesterday, forming new bullish rally to achieve the target at 983.00$ and settle near it as appears on the chart.

We remind you that the MA55 attempt to form the additional support by settling near 960.00$ and stochastic attempt to provide the positive momentum will increase the chances of surpassing the current barrier to manage to achieve new gains that might start at 993.00$ followed by reaching the next resistance at 1012.00$.

The expected trading range for today is between 972.00$ and 993.00$

Trend forecast: Bullish

Copper price activated the previously suggested bullish rally to approach 4.8100$ barrier that formed the waited target in our previous report.

The price might provide some sideways trades, while its stability within the bullish channel and stochastic attempt to provide the positive momentum might increase the chances of breaching the current barrier and start targeting new positive stations by rallying towards 4.8900$ followed by reaching the bullish channel’s resistance line at 5.000$.

The expected trading range for today is between 4.6800$ and 4.8900$

Trend forecast: Bullish