The EURJPY pair failed to confirm breaching the barrier at 163.35, which forces it to form a new bearish wave, to notice approaching from the support at 162.05, which forms a key line for detecting the main trend in the upcoming trading.

Note that stochastic exit from the oversold level and the stability above the current support, these factors make us keep the bullish suggestion, confirming that surpassing the barrier at 163.35 is important for opening the way for recording big gains that might extend to 164.00 and 164.80.

The expected trading range for today is between 162.00 and 163.35

Trend forecast: Bullish

The GBPJPY pair continued forming temporary negative trading, announcing its surrender to stochastic negativity, noticing by the above image its approach from the moving average 55, which attempts to form extra support near 192.10 level.

The continuation of forming main support at 191.20 makes us wait for gathering the positive momentum, which allows it to activate the bullish track to target 193.60 level initially, then attempts to press on the barrier at 194.60.

The expected trading range for today is between 192.00 and 193.60

Trend forecast: Fluctuated 

Platinum price resumed the bullish rally to achieve the suggested target, to achieve the suggested target by hitting $1083.00 facing the resistance of the bullish channel that appears in the above image.

Reminding you that stochastic stability within the overbought level might force the price to provide intraday sideways trading, and the continuation of the current resistance stability might force the price to retest the initial support at $940.00, while breaching the resistance and holding above it will open the way for achieving new gains, forming an initial target at $1100,00 level, reaching the recently achieved top at $1125.00.

The expected trading range for today is between $1055.00 and $1083.00

Trend forecast: Sideways

Copper price confirmed delaying the decline in the current period, due to the continuation of providing positive momentum by the main indicators, attempting to surpass the initial barrier at $4.6600, recommend waiting for confirming the breach to reinforce the chances for forming a bullish rally then targeting some of the positive stations that begin at $4.7500 reaching 61.8%Fibonacci correction level at $4.8100.

Activating the negative track requires forming a sharp decline, to settle below $4.5000 level, to confirm targeting several negative stations that begin at $4.4300 and $4.3100.

The expected trading range for today is between $4.5500 and $4.7500

Trend forecast: Bullish