The EURJPY pair confirmed the bullish scenario by forming several bullish waves, approaching the current sideways track barrier that is represented by 181.70 level.

Providing bullish momentum by the main indicators makes us expect breaching the current barrier to show its readiness to record several gains in the near period by its rally towards 182.35 reaching the next main target at 183.10.

The expected trading range for today is between 181.20 and 182.35

Trend forecast: Bullish

The GBPJPY pair succeeded in jumping above the barrier at 206.90, announcing its readiness to resume the bullish attack, reaching 207.90 to approach the main initial target at 208.20.

Providing bullish momentum by the main indicators, specifically the stability of stochastic within overbought level will increase the efficiency of the bullish scenario, to expect recording new gains that might extend towards 208.60 reaching the next main target at 209.50.

The expected trading range for today is between 207.00 and 208.60

Trend forecast: Bullish

Despite the weakness of platinum price, its stability above $1605.00 support will assist it to renew the bullish attack in the near period, reminding you that gathering positive momentum is important to pave the way for reaching $1695.00, noting that surpassing this barrier is important to reinforce the chances of recording extra gains that might extend towards $1715.00 and $1745.00.

While facing negative pressures by reaching below the previously-mentioned support level will force it to activate the corrective scenario temporarily by targeting some negative stations that are represented by $1575.00 and $1530.00 level.

The expected trading range for today is between $1620.00 and $1695.00

Trend forecast: Bullish

Copper price ended yesterday’s trading by providing new closure near $5.3200 level, taking advantage of stochastic positivity by providing chances for resuming the bullish attack that depends on several factors, one of them is the stability within the bullish channel levels besides forming extra support at $5.1300.

Therefore, we keep the bullish scenario, waiting for reaching %161.8 Fibonacci extension level at $5.5000, and surpassing it will open the way for achieving extra gains in the upcoming period.

The expected trading range for today is between $5.2500 and $5.5000

Trend forecast: Bullish