The EURJPY pair confirmed the continuation of the bullish track by providing new positive closes above the moving average 55, which is located near the support at 161.90 level, to notice forming bullish waves by reaching 162.70.

Providing positive momentum by stochastic will increase the chances for attacking the barrier at 163.35 level, and surpassing it will reinforce the chances for achieving extra gains by its rally towards 164.00 and 164.80.

The expected trading range for today is between 162.00 and 163.35

Trend forecast: Bullish

The GBPJPY pair began today’s trading with clear positivity, getting advantage of the unionism of the main indicators for providing positive momentum, to notice achieving some gains by its current stability above the obstacle at 193.30 level.

Therefore, forming extra support at 192.50 level makes us keep the bullish suggestion, reminding you that the extra targets is located near 194.60 level reaching 23.6%Fibonacci correction level at 195.65.

The expected trading range for today is between 192.60 and 194.60

Trend forecast: Bullish

Platinum price reached the initial extra target at $1100.00, to begin providing sideways trading, due to its neediness to the positive momentum by the stochastic attempt to exit the overbought level.

The suggested scenario depends on the stability of $1080.00 level, which represents the extra support, the stability of the support will increase the chances for renewing the bullish attempts, which might target $1125.00 level, while reaching below this support will increase the chances for renewing the bullish attempts, targeting $1125.00, while reaching below the support will delay the bullish rally, and there is a chance for forming correctional trading, which might target $1068.00 and $1060.00 level.

The expected trading range for today is between $1080.00 and $1125.00

Trend forecast: Bullish

Copper price succeeded to confirm surpassing the barrier at $4.6600, to achieve clear gains by its fluctuation near 61.8%Fibonacci correction level at $4.8100.

Note that stochastic reach to the overbought level might provide intraday positive momentum, to increase the chances for targeting the barrier at $4.8900, while the price return to settle below $4.8100 might push it to begin gathering gains by reaching $4.7400.

The expected trading range for today is between $4.7800 and $4.8900

Trend forecast: Bullish