The EURJPY pair touched 140.75 level on last Friday, to rebound positively towards 42.20 and settles near the moving average 55, these factors won’t affect the bearish track by settling below 142.60 resistance line, to confirm confining trades within the negative track and wait to renew the negative attack to target the first main target at 140.25.

On the other hand, breaching the mentioned resistance will confirm regaining the bullish bias by consolidating within the bullish channel again, allowing us to start suggesting the bullish trades and target 143.15 initially.

The expected trading range for today is between 142.60 and 141.10

The expected trend for today: Bearish

The GBPJPY pair started to resist the negative pressures caused by stochastic consolidation near 20 level by providing frequent positive closings above the additional support 164.50, to notice rallying towards 165.80 now.

We remind you that the consolidation of the price below 166.80 barrier will increase the chances of renewing the correctional negative attempts by providing new pressures on the mentioned support, while breaking it might extend losses towards 164.00 followed by 163.10.

The expected trading range for today is between 166.30 and 164.50

The expected trend for today: Bearish

Platinum price formed new sideways trades due to the stability of 1040.00 barrier, to notice testing 1005.00 support line and hold above it, expecting to gather the additional positive momentum and breach the mentioned barrier to start targeting new positive stations that might start at 1070.00 and 1105.00.

On the other hand, crawling below the mentioned additional support will force the price to postpone the bullish attack, to form some correctional negative waves that might target 965.00 before reaching any new positive target.

The expected trading range for today is between 1010.00 and 1070.00

The expected trend for today: Bullish

Copper price formed new positive rally to press on the target at 3.8500 in order to find a way to resume the bullish attempts in the near term and medium term period, as facing new positive pressures will assist to reinforce the bullish track until reaching the next main target at 4.0500.

Also, the continuous stability of the additional support 3.7000 forms major factor to confirm the bullish scenario until reaching the mentioned target.

The expected trading range for today is between 3.7000 and 4.0500

The expected trend for today: Bullish