The EURJPY pair resumed forming bearish correctional trading, to settle near the initial target at 171.15 level, note that the continuation of providing negative momentum by stochastic and forming a new barrier at 172.30 level against the current trading, which makes us prefer more of the negative attempts that might target the extra support near 170.45.

Note that breaking the targeted extra support will increase the efficiency of the bearish correctional track, forcing the price to suffer extra losses by reaching 169.75 and 169.20.

The expected trading range for today is between 170.45 and 172.00

Trend forecast: Bearish

The GBPJPY pair provided new bearish close by its stability below the broken bullish channel’s support, forming a new resistance at 198.45 to increase the chances for the dominance of the suggested bearish bias by its fluctuation near 197.75.

The continuation of providing negative momentum by stochastic supports the negative suggestion, to keep waiting for targeting 197.50 level, where breaking it will open the way for suffering extra losses that might extend to 196.55 and 195.75, while regaining the bullish bias requires forming a strong positive rally to settle above 198.80.

The expected trading range for today is between 196.55 and 198.30

Trend forecast: Bearish

Despite Platinum price’s weak trading, it remains stable positively above the extra support at $1375.00 reinforces the chances of renewing the bullish attempts that might target the barrier at $1420.00 initially and surpassing it will extend the trading towards $1458.00 reaching the next main target at $1507.00.

While breaking the current support and providing negative closes below it to confirm its move to the bearish correctional track, to resume the attempts of gathering the gains by reaching $1350.00 and $1332,00.

The expected trading range for today is between $1380.00 and $1420.00

Trend forecast: Bullish

Copper price repeated providing new positive closes above the support at $5.3200 level, to confirm its surrender to the bullish scenario to surpass 161.8%Fibonacci extension level and its stability near $5.6000.

Note that gathering positive momentum is important to ease the mission of targeting extra bullish stations that might begin at $5.7900 reaching the next barrier at $5.9700.

The expected trading range for today is between $5.4800 and $5.7900

Trend forecast: Bullish