The EURJPY pair started this morning by providing new positive close above 160.20 level, forming new bullish rally to settle near 161.15 as appears on the chart.

We will depend on 160.20 level forming additional support along with stochastic positive momentum signals to expect attacking 161.65 level soon, while surpassing it might extend trades to achieve new gains that start at 162.40.

The expected trading range for today is between 160.25 and 161.60

Trend forecast: Bullish

The GBPJPY pair continued to form strong bullish trades, taking advantage of the frequent stability above 189.70 level that formed key support against the bullish attempts, to notice surpassing the first additional target at 192.30 and approach 50% Fibonacci correction level at 193.30 as a next station for the current trades.

Also, stochastic reach to 80 level confirms providing the additional positive momentum to increase the chances of surpassing 193.30 level soon to manage to record additional gains that might start at 193.60 and 194.20 levels.

The expected trading range for today is between 191.80 and 193.60

Trend forecast: Bullish

Platinum price kept its stability within the minor bullish channel to form some bullish waves by settling near 1000.00$ now, noticing the continuous positive momentum coming by the major indicators to ease the mission of reaching the target at 1015.00$ soon, which surpassing it will open the way to achieve additional gains that might extend towards 1042.00$ on the near-term basis.

The expected trading range for today is between 983.00$ and 1015.00$

Trend forecast: Bullish

Copper price returned to renew the bullish attempts after holding above 50% Fibonacci correction level at 4.5400$, to surpass 4.6900$ resistance line this morning and hint its preparation to resume the bullish attack by settling near 4.7100$.

The price needs to gather the additional positive momentum to manage to hold above the mentioned resistance and ease the mission of recording additional gains that might extend towards 4.8050$ and 4.8920$ levels soon.

The expected trading range for today is between 4.6500$ and 4.8050$

Trend forecast: Bullish