The EURJPY pair shows positive trades to hint heading to resume the main bullish trend, on its way to achieve intraday gains that surpass 174.70 to reach 175.20 followed by 176.00.

Therefore, the bullish bias will be suggested for today, it might be preceded by some sideways fluctuation affected by stochastic negativity, noting that breaking 172.90 will stop the expected rise and push the price to start bearish correction on the intraday basis.

The expected trading range for today is between 173.70 and 175.20

Trend forecast: Bullish

The GBPJPY pair faced negative pressure in the previous sessions to test 206.00 barrier, and begins today with bullish bias in attempt to resume the main bullish trend, which its net target located at 208.40.

Stochastic attempts to get rid of its negative momentum to support the suggested bullish wave, which will remain valid unless breaking 208.40 and holding below it.

The expected trading range for today is between 205.00 and 207.50

Trend forecast: Bullish

Platinum price broke 1015.00$ level clearly and settled below it, to hint heading to achieve potential decline in the upcoming period, but it gets positive support by the EMA50, to start aside until we get clearer signal for the next trend, through breaching 1015.00$ resistance or breaking 983.55$ support.

Note that breaching the mentioned resistance will push the price to resume the bullish wave that its next targets located at 1042.00$ followed by 1075.00$, while breaking the support represents negative factor that will push the price to suffer intraday losses that start at 950.00$.

The expected trading range for today is between 985.00$ and 1030.00$

Trend forecast: Neutral