The EURJPY pair confirmed the dominance of the bearish trend by providing repeated closes below 185.85 level, forming strong decline in Friday, approaching the initial target at 184.20, which represents an extra support against the last bullish rally.

The contradiction of the main indicators might force the price to provide weak sideways fluctuation, confining the trading between the current support and 184.90 level, which represents an extra barrier against the bearish trading, while breaking the support and holding below it will open the way for targeting more negative stations, which might begin at 183.70 and 183.25.

The expected trading range for today is between 184.20 and 185.00

Trend forecast: Sideways

The GBPJPY pair ended the bearish corrective rebound by testing the extra support at 216.40, to settle above it attempting to keep the previously suggested bullish scenario and providing positive momentum by the main indicators will increase the chances of targeting 217.30, to attempt to press on 217.90, to find an exit for resuming the bullish attempts and recording more gains in the upcoming period.

Facing negative pressure and reaching below the current support will confirm its surrender to the bearish corrective trend dominance, to expect suffering several losses by reaching 215.90 and 215.40. 

The expected trading range for today is between 216.60 and 217.90

Trend forecast: Bullish

Platinum price provided weak trading recently by its fluctuation near $1595.00 level, surrendering to the bearish trend, which depends on the continuation of forming a main resistance at $1810.00 level, besides the stability of the extra barrier near $1690.00 level.

The attempt to provide negative momentum by the main indicators might increase the negative pressure in the current trading, which makes us keep the negative scenario, which might target $1555.00 level, to press on the support at $1510.00, to find an exit for resuming the decline in the upcoming trading.

The expected trading range for today is between $1555.00 and $1640.00 

Trend forecast: Bearish

No news for copper prices by providing new mixed trading, holding near $6.1300 level, delaying the bearish corrective trend, due to the contradiction between the main indicators’ positivity and the negative stability below $6.3000 barrier.

The price may provide mixed trading until gathering the required and negative momentum, to surpass $5.9500 support, to begin targeting negative stations by reaching $5.8200 and $5.7100.

The expected trading range for today is between $5.9500 and $6.2000

Trend forecast: Bearish