The EURJPY pair surrendered to the contradiction of the main indicators by forming some bearish corrective waves, to gather some gains by reaching 186.30, to rally towards 186.90 to test the broken support.

Stochastic approach from 50 level we expect renewing the corrective attempts, to reach 186.00 and 185.75, while renewing the bullish attempts requires stepping above 187.50 and providing a daily close above it, to confirm targeting new positive stations that might begin at 188.35 and 188.80.

The expected trading range for today is between 186.00 and 187.20

Trend forecast: Bearish

The GBPJPY pair surrendered to stochastic negativity in Friday, forcing it to delay the bullish rally, forming bearish corrective waves, to test the initial support level at 214.19, to settle above it.

The stability above the current support will provide a chance for renewing the bullish attempts by its rally initially towards 215.10, and surpassing it might extend the trading towards 215.70, while the continuation of the negative pressures might force it to provide more corrective trading to reach the main support at 213.30.

The expected trading range for today is between 214.10 and 215.70

Trend forecast: Bullish

Platinum price neediness to positive momentum led to form more sideways trading to settle again near $2090.00 level without recording the previously suggested positive targets.

Stochastic exit from the overbought level might push the price to provide some corrective trading by reaching $2020.00 reaching the initial support at $1950.00, while gaining positive momentum will help it to activate the main bullish trend, to reach towards $2205.00, which represents the initial main target in the near trading.

The expected trading range for today is between $2020.00 and $2130.00

Trend forecast: Fluctuated within the bullish track

Copper price opened this morning trading by forming negative gap by reaching $5.9400 level, to bounce higher above $5.9700 level, which represents the main factor to confirm the positivity of the near and medium- period trading.

The price needs a new bullish momentum that allows it to provide positive close above $5.9700, to begin targeting positive stations by its rally towards $6.1550 and $6.2500, while it returns to settle below $5.9700 will force it to form new bearish waves, to expect reaching $5.8200 before recording any of the positive targeta.

The expected trading range for today is between $5.9100 and $6.1550

Trend forecast: Bullish