The EURJPY pair kept forming bullish waves in the last period, benefiting from forming new bullish channel, approaching from the initial main target at 186.60, depending on forming extra support at 185.45 level, note that the continuation of providing extra support at 185.45 level will increase the strength of the bullish trend, to expect targeting extra positive stations that might begin at 186.95 reaching the bullish channel’s resistance at 187.40.

The risk of changing the trend and begin forming strong bearish waves by the attempt of breaking the bullish channel’s support at 185.10.

The expected trading range for today is between 185.90 and 186.95

Trend forecast: Bullish

Despite forming sideways trading by GBPJPY price, the stability above the main support of 216.75 and the attempt of forming extra support at 217.50 level, these factors support the continuation of the positivity, to notice its rally towards 218.30 level.

The positive momentum will help it to renew the bullish attempts, to expect reaching 218.60 barrier, confirming that surpassing it will confirm its readiness to record extra gains that might begin at 219.40 and 220.00.

The expected trading range for today is between 217.85 and 219.40

Trend forecast: Bullish

Platinum price provided positive closes above $1605.00 level, attempting to confirm the bullish corrective scenario, to rally towards $1655.00 level, confirming the bullish corrective scenario, to rally towards $1655.00 level, benefiting from the continuation of providing positive momentum by stochastic rally above 50 level in the last period.

We expect renewing the bullish attempts in the current period, pushing the barrier at $1690.00 to form initial target for the current trading, and surpassing it will extend the trading towards $1740.00 reaching $1790.00 resstance.

The expected trading range for today is between $1620.00 and $1690.00

Trend forecast: Bullish

Copper price provided weak sideways fluctuation yesterday by its stability below $6.5100 level, which represents a confirmation key for the expected trend in the upcoming trading, the continuation of providing positive momentum by the main indicators makes us wait for achieving the required breach, to reinforce the chances of targeting extra positive stations, which are located near $6.6100 and $6.7300.

The failure of the breach will force the price to provide mixed trading with a chance of declining towards $6.2500 before any attempt tp reach the previously suggested targets.

The expected trading range for today is between $6.3500 and $6.6100

Trend forecast: Bullish