The EURJPY pair faced difficulty resuming the bullish attack, to form extra barrier at 178.00 level, forcing it to activate the bearish corrective track by reaching 177.25.

Note that suffering extra bearish pressure might force it to break 177.05 level, to confirm its readiness to provide extra corrective trading, to target 176.35 and 175.65 level, while the price success by breaching 178.00 level and holding above it will reinforce the chances of recording extra gains, to expect targeting 178.65 and 179.30 level initially.

The expected trading range for today is between 176.65 and 178.00

Trend forecast: Bearish 

The GBPJPY pair ended yesterday by holding below the barrier at 20.3.95 level, which forces it to form some bearish corrective waves, to settle near 203.15 as appears in the above image.

Stochastic attempt to exit the overbought level confirms delaying the bullish rally, to expect suffering some extra losses by targeting 202.45 level, reaching the extra support at 201.75, while the price success in confirming the breach will ease the mission of recording extra gains by its rally towards 204.60 directly, reaching the top near 205.25.

The expected trading range for today is between 202.45 and 203.90

Trend forecast: Bearish

Platinum price remains affected by the bearish corrective trend, due to its stability below $1695.00, to notice forming some bearish waves by targeting $1558.00 level again.

The continuation of forming extra barrier at $1605.00 level by stochastic attempt to provide negative momentum, which will increase the efficiency of the corrective track, to keep waiting for the price to reach negative stations that are located near $1525.00, reaching the extra support near $1440.00. 

The expected trading range for today is between $1525.00 and $1610.00

Trend forecast: Bearish

Copper price is forced to provide sideways trading until gathering extra positive momentum, to notice its repeated stability within the bullish trend, leaning onto the support level at $4.7500.

Note that stochastic approach from 80 level might help it to renew the bullish attempts by surpassing $5.2000 level and reaching the next target at $5.3200.

The expected trading range for today is between $5.0500 and $5.3200

Trend forecast: Bullish