The EURJPY pair attempted to activate the bullish trend by its rally towards 186.00 yesterday, however the bullish momentum pushed the price to return below 185.80 barrier, delaying the bullish trend and holding near 185.40.

The current fluctuation will not affect the chances of confirming the bullish scenario due to the stability above 184.20 support, which makes us wait for a confirmation for breaching the previously mentioned barrier, to increase the chances of recording new gains by its rally towards 186.65 initially, reaching the next target at 187.40.

The expected trading range for today is between 185.00 and 186.65

Trend forecast: Bullish

The GBPJPY pair repeated its fluctuation below the resistance near 215.50, to keep forming weak sideways trading, holding near 214.60 level, note that the positive momentum and the stability above 213.50 support, to wait for achieving the required breach, to reinforce the chances of recording extra gains that might extend in the initial period towards 216.10 and 216.65.

While the failure of the breach will increase the chances of forming bearish waves, to attempt to press on the previously mentioned support, to monitor its behavior and to confirm the suggested trend in the upcoming trading.

The expected trading range for today is between 214.00 and 216.65

Trend forecast: Bullish

Platinum price formed bullish corrective rally recording some gains by reaching $1818.00 level, to return to form weak sideways trading by its stability near $1765.00 due to the contradiction of the main indicators, specifically by the stability of the moving average 55 above the key resistance at $1925.00.

We expect to form new sideways trading, noting that the continuation of forming extra barrier at $1865.00 level, which might force it to activate the bearish trend again, to expect reaching $1695.00, then repeat the pressure on $1640.00 barrier.

The expected trading range for today is between $1700.00 and $1840.00

Trend forecast: Bearish

Copper price lost the bullish momentum in the last trading, affected by stochastic stability below 80 level, which forces it to keep forming weak sideways waves by its stability near $6.4200.

The price might be forced to form intraday bearish waves due to its stability below $6.6000, forcing it to suffer some losses by reaching $6.2800 followed by $6.1000 support, while breaching the resistance and holding above it will open the way for reaching new positive stations that might begin at $6.7800 and $6.9200.

The expected trading range for today is between $5.2800 and $6.6000

Trend forecast: Bearish