The EURJPY pair kept its positive stability above the extra support level at 172.20, which allowed it to achieve some gains, to notice its rally towards 173.20, approaching from the initial barrier at 173.40 level.

By the above image, we notice stochastic attempt to exit the oversold level, opening the way for more of the positive stations by its rally to 174.40, while suffering new negative pressure and reaching below 172.20 might push it to attack the support of the main bullish channel at 171.45 before any attempt to hit the positive targets.

The expected trading range for today is between 172.20 and 173.70

Trend forecast: Bullish

The GBPJPY pair remains affected by the negative pressure that comes from stochastic reach to the oversold level, to notice its attempt to reach below the support at 197.80, facing the moving average 55 then bouncing again to settle above the support as appears in the above image.

The stability above the current support will increase the chances of renewing the bullish attempts, to expect targeting some positive stations by its rally towards 198.80 and 199.80, while moving to the negative track requires forming strong bearish waves, to surpass the moving average 55, then target 196.30 level.

The expected trading range for today is between 197.55 and 198.80

Trend forecast: Bullish

Platinum price is affected by the dominance of the sideways bias, due to the contradiction between stochastic negativity by its stability above the extra support at $1525.00, providing sideways fluctuation by its stability near $1575.00.

Note that breaching the sideways track at $1605.00 is important to ease the mission of activating the bullish trend and begin recording new gains by its rally towards $1642.00 and $1690.00.

The expected trading range for today is between $1535.00 and $ 1605.00

Trend forecast: Sideways

Copper price continued to form strong bullish waves, reaching the initial extra target at $4.9500, keeping its positive stability above $4.7400 level, forming new support against the bullish trading.

The continuation of the providing positive momentum by the main indicators makes us expect renewing the bullish attempts, attempting to press on $5.0600 level, and surpassing it will open the way towards the next main target at $5.3200.

The expected trading range for today is between $4.8200 and $5.0600

Trend forecast: Bullish