The EURJPY pair attempted to face the negative pressures, attempting to settle above the moving average 55, which increases the stability of the support at 162.15, reinforcing the chances for activating the bullish track, confirming the importance of gathering the positive momentum, to ease the mission of its rally towards 163.35 initially, and surpassing this obstacle will make the price succeed to achieve several gains that begin at 163.90 and 164.80.

Facing new bearish waves and its decline below the moving average 55 will force it to form strong bearish waves, which forces it to suffer several losses by reaching 161.10 and 160.40.

The expected trading range for today is between 162.15 and 163.35

Trend forecast: Bullish

The GBPJPY pair remains affected by the negative pressures, which forces it to fluctuate below the extra support at 193.15 level, which forces it to delay the bullish rally on the current trading, while the stability of the moving average 55 above the support at 191.50, stochastic approach from 20 level, these factors make us wait for gathering the positive momentum, then begin targeting some of the positive stations, by its rally to 194.50 and 195.30.

While the decline below 191.50 and providing a negative close will confirm its move to the bearish track, to expect suffering big losses by reaching 190.40.

The expected trading range for today is between 192.20 and 194.10

Trend forecast: Bullish

Platinum price lost its negative momentum in its last trading, to repeat forming mixed trading by its stability above $983.00 level, limiting the trading tightly between this obstacle and $1010.00 level that represents the extension of the resistance that appears in the above image.

We recommend waiting for gathering the negative momentum, and providing a new negative close below $983.00 level, to confirm its readiness to activate the negative attack, which might target $963.00 and $950.00 level.

The expected trading range for today is between $983.00 and $1005.00

Trend forecast: Sideways

Copper price began forming a negative move, activating with the negativity of the main indicators, to settle near the extra support at $4.5000, facing negative pressures will increase the chances for breaking the current support, to open the way towards targeting extra negative stations, which might begin at $4.4500 reaching $4.3100.

The failure to break the current support might push the price to form mixed trading, and there is a new chance for targeting 50%Fibonacci correction level near $4.6600.

The expected trading range for today is between $4.4500 and $4.5600

Trend forecast: Bearish