The EURJPY pair succeeded in resuming its bullish attack by surpassing 184.10 barrier on Friday, to target new positive stations by hitting 184.75 level.
Forming mixed waves due to stochastic exit from the overbought levels, but it will not affect the bullish scenario, depending on forming extra support at 183.60 level, which makes us wait for gathering extra positive momentum to ease the mission of reaching the next target at 184.90 level reaching 185.40 level.
The expected trading range for today is between 184.00 and 184.90.
Trend forecast: Bullish
The GBPJPY pair took advantage of the repeated positive pressures to confirm the continuation of the bullish scenario, surpassing the target at 209.85 on Friday forming 261%Fibonacc extension level, to open the way for recording big extra gains by hitting 211.05 level.
Noticing that stochastic reaches the overbought level, which allows it to settle within the minor bullish channel levels, depending on forming extra support at 209.80 level, to expect forming new gains by its rally towards 211.60 reaching the resistance of the bullish channel at 212.25.
The expected trading range for today is between 210.00 and 211.60.
Trend forecast: Bullish
Platinum price did not get enough by its recent gains, activating with the main indicators positivity by forming strong bullish waves, to settle above the psychological barrier at $2000.00 level, recording extra historical gains by hitting $2071.00 level.
Which confirms the stability of the bullish scenario, and its stability above $2000.00 makes us expect to form new bullish waves, to attempt to reach $2085.00 and $2125.00.
The expected trading range for today is between $1970.00 and $2085.00.
Trend forecast: Bullish
Copper price began activating with the positive factors, represented by the stability within the bullish channel’s level and forming extra support at $5.1300 level, approaching the initial main target at $5.500.
Stochastic success to settle within the overbought level might increase the positive pressures on the price to expect breaching $5.5000 level to begin recording extra gains by reaching $5.6300 and $5.7400.
The expected trading range for today is between $5.3500 and $5.5500
Trend forecast: Bullish