The EURJPY pair surrendered to stochastic negativity yesterday, forming new negative waves to crawl below the sideways track’s support line at 161.60, to notice resuming the negative attempts this morning and settling near 160.80.

Now, the major indicators provide the negative momentum to increase the sharpness of the bearish track, to expect suffering additional losses by crawling below 160.90 level again and targeting the additional support at 160.20.

The expected trading range for today is between 160.20 and 162.10

Trend forecast: Bearish

The GBPJPY pair continued to form mixed trades yesterday, to notice renewing testing 191.90 support line and settling above it in order to reinforce the chances of renewing the bullish attempts and reach 193.60 level soon, followed by attempting to press on 194.30 resistance line.

On the other hand, facing continuous negative pressures and crawling below the current support will force the price to provide new negative trades to suffer more losses by moving towards 190.85 followed by reaching the next support at 189.50.

The expected trading range for today is between 192.00 and 194.30

Trend forecast: Bullish

Platinum price succeeded to get rid of the negative pressures by gaining the additional positive momentum, forming new bullish rally to surpass 955.00$ barrier and settle above the MA55 as appears on the chart.

The continuous stability above the breached barrier allows us to suggest the bullish track again, to expect moving towards 972.00$ soon, followed by attempting to press on 50% Fibonacci correction level at 983.00$ in order to find a way to resume the rise in the upcoming period.

The expected trading range for today is between 945.00$ and 972.00$

Trend forecast: Bullish

Copper price ended the negative rebound by holding above the additional support 4.1500$, to start reacting to stochastic positivity and notice rallying above the MA55 and settling near 4.2500$.

The major indicators attempt to provide the positive momentum, which increases the chances of renewing the bullish attempts, to expect targeting 4.3300$ barrier soon, while surpassing it will push the price to record additional gains by rallying towards 4.4400$ and 4.5300$ levels.

The expected trading range for today is between 4.2000$ and 4.4400$

Trend forecast: Bullish