The EURJPY pair formed new bullish wave yesterday, to confirm postponing the negative attack and notice touching the additional barrier at 144.10, reminding you that the main stability within the bearish channel and the stability of the major resistance at 144.85 will increase the chances of activating the negative attempts soon, to expect gathering the negative momentum and decline towards the MA55 direct at 142.40.

On the other hand, rallying above the mentioned resistance and holding above it will confirm moving to the bullish track again, to manage to form strong bullish waves and start targeting many positive stations that might start at 145.50.

The expected trading range for today is between 144.50 and 142.80

The expected trend for today: Bearish

The GBPJPY pair surrendered to stochastic positivity to keep its stability above 162.10 level, to notice forming new correctional bullish waves and cover more losses by touching 163.65 level.

Now, the continuous positive pressures will increase the chances of moving towards the bearish channel’s resistance at 164.25, to form the additional target for now, followed by monitoring the price behavior to manage to detect the next main trend, as attempting to breach this resistance will confirm moving to the bullish track and head towards 165.10 as a next station.

The expected trading range for today is between 162.40 and 164.25

The expected trend for today: Bullish temporarily

Platinum price ended the temporary negative fluctuation by approaching 950.00 support line and holding above it to confirm keeping the bullish attempts by rallying towards 970.00, while succeeding to resume the bullish attack requires new positive momentum to ease the mission of surpassing the MA55 near 980.00 followed by attempting to press on 1005.00 obstacle in order to find a way to resume achieving the targets near 1040.00 and 1072.00.

The expected trading range for today is between 960.00 and 1000.00

The expected trend for today: Bullish

Copper price continued to fluctuate within sideways range recently, attempting to face the negative pressures and hold within the bullish track by consolidating above 4.0200 support line, while activating the bullish attempts requires gathering the additional positive momentum to increase the chances of recording the main targets that might start at 4.2200 and 4.3000.

We remind you that declining below the mentioned support will force it to postpone the bullish attack by forming correctional bearish waves that might push it to suffer some losses by targeting 3.9200 and 3.8500 levels.

The expected trading range for today is between 4.0500 and 4.2200

The expected trend for today: Bullish