The EURJPY pair succeeded in holding above 184.20 level, to reinforce its surrender to the bullish scenario, to record the previously suggested main target at 185.80.

Facing %66.8 Fibonacci correction level makes us monitor its behavior and wait for the next close to detect the main trend, so the stability above 185.80 will provide a chance for targeting more positive stations by its rally towards 186.20 and 186.60, while the failure to breach it will force the price to provide mixed sideways trading, with a chance to decline towards 184.90 before any attempt to record the suggested targets.

The expected trading range for today is between 185.30 and 186.20

Trend forecast: Bullish

The GBPJPY pair confirmed breaching 214.50 level, announcing the stability of the bullish scenario by recording gains by reaching 215.75, holding near it as appears in the above image.

Note that the price attempt to form strong support at 214.50 level with the positive momentum from the main indicators will increase the chances of recording extra gains, to expect reaching 216.40 followed by the next main target near 217.60.

The expected trading range for today is between 215.00 and 216.40

Trend forecast: Bullish

Platinum price is affected by the dominance of the bearish bias, holding within the minor bearish channel’s levels and forming a new bearish trend by holding near $1540.00 level.

The stability below $1675.00 repeatedly with the negative momentum that comes from the main indicators will increase the chances of reaching $1510.00 barrier, and surpassing it might extend the losses towards $1435.00.

The expected trading range for today is between $1435.00 and $1610.00

Trend forecast: Bearish

Copper price ended the last positive rebound by reaching $6.2000 level, to begin forming bearish corrective trading, affected by the stability below $6.300 barrier, to reach $6.0500 currently.

Gathering extra negative momentum is important for reinforcing the chances of surpassing the barrier at $5.9500, to open the way for targeting more corrective stations, which might begin at $5.8200 and $5.7100.

The expected trading range for today is between $5.820 and $6.1500

Trend forecast: Bearish