The EURJPY pair affected by stochastic positivity, form bullish waves to retest the barrier at 177.85, to settle below it to keep the chances of activating the bearish corrective track, note that the initial corrective target in the current trading near 177.05 level, by providing negative momentum that might help it to reach near 175.85 support.

While confirming regaining the bullish bias requires forming a new bullish rally, to open the way a new chance to press on the top at 178.70. surpassing it will make it record new gains by its rally towards 179.30 and 180.00.

The expected trading range for today is between 177.00 and 178.15

Trend forecast: Bearish.

The GBPJPY pair provided more positive attempts to attack the barrier at 202.40, to settle below it, the suggested scenario in the near-term trading depends on the strength of this barrier, to expect forming bearish corrective wave by reaching 201.30 to target the support near 200.25.

While the price success surpasses the current barrier and providing positive close above it will provide a real chance for renewing the bullish attack by targeting 203.35 level initially reaching the next barrier at 203.90.

The expected trading range for today is between 201.30 and 202.40

Trend forecast: Bearish

Platinum price began today’s trading with clear positivity by its stability above the sideways track at $1520.00, to record some gains by its rally towards $1570.00.

The continuation of providing positive momentum by stochastic will increase the chances of attacking the barrier near $1605.00, to confirm that surpassing it is important to open the way towards achieving extra gains by its rally towards $1642.00 and $1660.00.

The expected trading range for today is between $1520.00 and $1605.00

Trend forecast: Bullish

No news for copper price by forming weak sideways trading, to keep its stability near $5.000 level due to the contradiction between the main indicators, which might force it to delay the main bullish rally.

Notet that the stability of the current trading below $5.2000 level might force it to provide some bearish corrective trading, to target the initial support level at $4.7500, while breaching the barrier will reinforce the chances of recording extra gains by its rally towards $5.3200 initially.

The expected trading range for today is between $4.9000 and $5.1500

Trend forecast: Fluctuated within the bullish track