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The EURJPY activates the bearish scenario– Forecast today – 31-3-2026
The EURJPY pair confirmed its surrender to the bearish bias dominance by its stability below 184.20 barrier, forming a sharp decline, achieving all the negative targets by reaching 182.60.
confirming the continuation of the negativity in the near and medium trading requires providing new negative close below 183.60 level, to activate with the main indicators negativity, to expect reaching 182.10, while regaining the bullish trend requires forming a strong bullish rally, to settle again above 184.20.
The expected trading range for today is between 182.20 and 183.60
Trend forecast: Bearish
The GBPJPY achieves the negative targets– Forecast today – 31-3-2026
The GBPJPY pair activated the negative scenario that comes from its fluctuation below the broken bullish channel’s support at 211.90 level, forming strong decline achieving the previous negative targets by reaching 210.20 level.
The contradiction between the main indicators might push the price to provide mixed trading, but its stability below 211.40 might help it to renew the negative attempts, to expect reaching 209.90 and 209.10.
The expected trading range for today is between 209.10 and 211.40
Trend forecast: Bearish
Platinum price settles below the resistance– Forecast today – 31-3-2026
Platinum price reached $1958.00 level this morning, to face %100 Fibonacci extension level, to rebound quickly to the downside, holding below the minor bearish channel’s resistance at $1940.00, to confirm the continuation of the previously suggested bearish scenario.
The price needs a new negative momentum to ease the mission of forming bearish waves, to expect targeting $1835.00 level initially reaching the next target at $1745.00, while breaching the resistance and holding above it will open the way for recording several gains, to reach $2025 initially.
The expected trading range for today is between $1835.00 and $1940.00
Trend forecast: Bearish
Copper price is moving slowly– Forecast today – 31-3-2026
Despite the stability of copper price below $5.5100 barrier, the continuation of the main indicators’ contradiction pushed it to provide weak sideways fluctuation, to keep its stability near $5.4500 without recording any of the previously suggested targets.
The price needs a new negative momentum, to ease the mission of reaching $5.2700 initially, attempting to reach the next negative target near $4.9500, while its rally above the barrier will confirm delaying the negative attempts, to expect its rally towards $5.6300 and $5.7500.
The expected trading range for today is between $5.2700 and $5.5500
Trend forecast: Bearish