The EURJPY pair provided several positive closes above %23.6 Fibonacci correction level at 182.05, to form a new extra support, providing a chance to recover some losses by its rally towards 183.20 as appears in the above image.

The main indicators’ contradiction might push the price to achieve extra gains, however the stability below 184.05 barrier forms a main factor for confirming the continuation of the negativity in the upcoming trading, therefore, we will keep waiting for gathering negative momentum that allows it to renew the pressure on 182.05 level, where breaking it will open the way for targeting new bearish stations that might begin at 181.55 and 181.10.

The expected trading range for today is between 182.05 and 183.65

Trend forecast: Fluctuating within the bearish track

The GBPJPY pair ended its last trading by providing positive close above 209.15 level, forcing it to delay the negative attack and begin forming bullish waves, to notice the attempt of surpassing initial extra barrier at 210.60.

Note that providing positive momentum by the main indicators will increase the efficiency of the bullish attempts in near trading, to expect targeting 211.40 level, and surpassing it will extend the trading towards 211.75, while the return to settle below 210.60 will reinforce forming bearish trading with a new chances to decline towards 209.15 again.

The expected trading range for today is between 210.00 and 211.40

Trend forecast: Bullish

Platinum price formed a new negative attack, reaching $2092.00 level, to approach the suggested target in our previous analysis, to rebound positively testing %50 Fibonacci correction level at $2162.

Note that the last bullish rebound will not affect the main bearish track, due to the stability below $2210.00, which makes us wait for gathering extra negative momentum to target $2080.00 level, reaching towards $2010.00 barrier.

The expected trading range for today is between $2080.00 and $2170.00

Trend forecast: Bearish

Copper price formed some bearish waves, achieving $2.7000 level, which forced it to provide mixed trading due to the continuation of the main indicators’ contradiction, to rebound towards $5.7850.

In general, we will keep our bearish scenario, depending on the stability of the barrier at $5.9700, confirming the importance of gathering extra negative momentum currently to ease the mission of resuming the negative attack by reaching $5.6200 initially, then press on the next support at $5.5100.

The expected trading range for today is between $5.5100 and $5.8500

Trend forecast: Bearish