The EURJPY pair kept its stability above the extra support at 175.20, attempting to face stochastic negativity until gathering the required positive momentum to begin bullish attack, to target 176.45 level then repeat the pressure on the initial obstacle near 177.05.

While facing extra negative pressure and reaching below the current support will force it to delay the bullish attempts by forming more bearish corrective waves, reaching 174.40 and 174.00.

The expected trading range for today is between 175.20 and 176.50

Trend forecast: Bullish

The GBPJPY pair remains affected by stochastic negativity, decelerating the chances of activating the bullish attack by reaching the support at 201.70 level.

Today’s scenario depends on the strength of the current support, to expect forming bullish waves to target 202.70 level and 203.40 initially, while breaking the current support and holding below it will force the price to provide new corrective trading, waiting for targeting 201.00 level reaching the next support near 200.45.

The expected trading range for today is between 201.50 and 202.70

Trend forecast: Bullish

Platinum price is affected by the stability of the barrier near $1690.00, despite the attempt to provide positive momentum by the main indicators, which forces it to provide new sideways trading near $1650.00 level, attempting to settle above the extra support at $1600.00.

Reminding you that the bullish scenario will remain valid by the stability of the price above 61.8% Fibonacci extension level that is located near $1625.00, which makes us wait to breach the current barrier, then targeting new historical stations that might begin at $1745.00 reaching the next main target near $1835.00.

The expected trading range for today is between $1610.00 and $1690.00

Trend forecast: Sideways until achieving the breach

The (ETHUSD) price declined in its last trading on the intraday levels, after offloading its previous trading by offloading its oversold conditions on the relative strength indicators, opening the way for recording more of the losses on the near-term basis, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances for its recovery.

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