The EURJPY pair kept forming bullish moves since the last period trading, recording 178.15 to approach from 178.60.
Forming extra support by 177.05 level and the continuation of providing bullish momentum by the main indicators will increase the chances of surpassing the previously mentioned top, to expect targeting new bullish stations by its rally towards 179.40 reaching the psychological barrier at 180.00.
The expected trading range for today is between 179.40 and 177.75
Trend forecast: Bullish
The GBPJPY pair keeps the bullish scenario by providing new pressure on the barrier at 203.95, to find an exit for resuming the previously awaited bullish attack, the attempt of forming extra support at 202.85 level will increase the extra targets by its rally towards 204.60 directly, reaching the next main target near 205.25.
Note that the stability of stochastic within the overbought level will reinforce the chances of gaining the required bullish momentum, to achieve the required breach and reaching the previously suggested targets.
The expected trading range for today is between 203.35 and 204.60
Trend forecast: Bullish
Platinum price returned to provide mixed trading due to its reach below $1605.00 level, confirming its surrender to the dominance of the bearish corrective trend that depends on the stability of the resistance at $1695.00.
And that makes is prefer the bearish corrective scenario, which might target $1525.00, and breaking this level might extend the losses towards $1490.00 reaching the next support near $1440.00.
The expected trading range for today is between $1525.00 and $1640.00
Trend forecast: Bearish
Copper price took advantage of its positive stability within the bullish track, besides providing positive momentum by the main indicators, forming more of the bullish waves, to settle near the target at $5.2000 level.
We expect renewing the positive attempts, attempting to press on the barrier of $5.3200 level surpassing it will reinforce the chances of achieving extra gains in the upcoming period, by its rally towards $5.5100.
The expected trading range for today is between $5.0500 and $5.3200
Trend forecast: Bullish