The EURJPY pair repeated providing sideways trading since yesterday, due to the contradiction between the main indicators, to keep its stability near 183.45, taking advantage of forming extra support at 182.70 level.

In general, the stability above the main bullish channel’s support at 182.15 makes us wait for gathering bullish momentum to allow it to surpass 184.00 barrier, to confirm its readiness to record extra gains that might begin at 184.55 and 184.85.

The expected trading range for today is between 182.80 and 184.00

Trend forecast: Bullish

The GBPJPY pair benefited from the positive stability above 210.40, to begin activating with the main indicators’ positivity, approaching the initial target at 212.15.

The continuation of providing bullish momentum by the main indicators will supports the chances of breaching 212.15 level will reinforces the chances of attacking the previously broken bullish channel’s support at 212.55, which is considered as a confirmation key for the main trend in the upcoming trading, breaching this level will confirm the price readiness to record new gains that might begin at 213.00 and 213.45, while the risk of changing the bullish trend is represented by breaking 210.40 support.

The expected trading range for today is between 211.30 and 212.55

Trend forecast: Bullish

Platinum price kept its stability within the bullish channel’s levels, taking advantage of forming initial support at $2530.00, to notice forming some bullish waves and its stability near $2730.00.

Stochastic attempt to provide bullish momentum will strengthen the bullish track, to expect a rally towards $2810.00 then repeating the pressure on $2895.00 barrier, to find an exit for recording new gains in the near period by its rally towards $2960.00 and $3040.00.

The expected trading range for today is between $2650.00 and $2895.00

Trend forecast: Bullish

Copper price succeeded in activating the bullish attack by surpassing $5.9700 barrier, to begin recording clear gains by reaching $6.2300, recording extra suggested target in the previous report.

Note that the stability above $5.9700 level might form an important support, besides providing bullish momentum by the main indicators, these factors support resuming the bullish attack, to expect targeting new stations that might begin at $6.4100.

The expected trading range for today is between $6.0700 and $6.4100

Trend forecast: Bullish