The EURJPY pair kept the suggested bullish scenario, despite its failure to surpass 178.80 level by providing repeated positive closes above 2.00%Fibonacci extension level at 177.05.
The contradiction between the main indicators might push the price to provide more of the mixed trading, to keep waiting for gathering extra positive momentum, to ease the way for surpassing the mentioned barrier, then begin recording extra gains that might begin at 179.35 and 180.00.
The expected trading range for today is between 177.40 and 179.35
Trend forecast: Bullish
Despite the weakness of the GBPJPY pair’s trading on Friday, the attempt of its stability above the extra support at 201.70 accompanied by our bullish expectation, fluctuating near 202.55 level.
MorePlatinum price succeeded in facing the negative pressure, to settle above the support level at $1525.00, forming bullish wave to settle near $1605.00 level as appears in the above image.
MoreCopper price remains affected by the stability of the extra barrier near $5.2000, reducing the chances of resuming the bullish attack, providing more sideways trading by its stability near $5.0500.
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