The EURJPY pair remains affected by the positivity of the main indicators, forming some bullish corrective waves by reaching 184.85 level to settle near it, the price might be forced to provide some mixed trading, however its negative stability below 185.50 makes us wait for gathering the required negative momentum to activate the bearish attempts, which might target 184.10 and 183.50 level initially.

Surpassing 185.50 level and holding above it will increase the chances of forming new bullish waves, to begin recording new gains by its rally towards 186.00, reaching 186.00 initially followed by 186.60 level.

The expected trading range for today is between 184.10 and 185.40

Trend forecast: Bearish

The GBPJPY pair provided more bullish corrective waves due to the stability of stochastic within the overbought level, to settle near 213.50, delaying the previously suggested trend.

Note that the stability below %61.8 Fibonacci correction level at 214.30, which makes us wait for gathering the required negative momentum, which allows it to activate the negative trend in the near period by reaching 212.80, attempting to press on the barrier near 211.80, while the attempt of changing the main trend requires providing positive closes above 214.50.

The expected trading range for today is between 212.80 and 214.20

Trend forecast: Fluctuating 

Platinum price is forced to provide weak sideways trading, affected by the stability of $2080.00 barrier, which obstructs the chances of resuming the bullish attempts, to fluctuate near $2035.00, attempting to lean above the moving average 55.

Note that the stability above the main support at $1865.00, the continuation of the attempt of forming extra support at $1950.00 level, these factors make us keep the bullish scenario, to keep waiting for surpassing the mentioned barrier, to begin recording extra gains by its rally towards $2125.00 and $2190.00.

The expected trading range for today is between $1975.00 and $2080.00

Trend forecast: Sideways

Copper price began this morning positively, attacking the barrier near $6.2600, attempting to find an exit for resuming the main bearish trend, we expect achieving the required breach to open the way for reaching extra stations that might begin at $6.3800 and $6.5200.

The failure of the breach might force the price to provide mixed trading, with a chance for gathering some gains by reaching $6.1200 followed by %200 Fibonacci extension level near $5.9700.

The expected trading range for today is between $6.1600 and $6.3800

Trend forecast: Bullish