The EURJPY pair returned to provide sideways fluctuation, affected by the stability of the additional support at 140.25, which hinders the attempts to resume the previously waited bearish attack, noticing blocking trades below the moving average 55 to decrease the chances of pressing on 142.80 barrier and provide the chance to gather the required additional negative momentum to achieve the break.

We remind you that succeeding to crawl below 140.25 and getting negative close will confirm its preparation to target many negative stations, waiting to reach 139.40 followed by 138.20 levels.

The expected trading range for today is between 141.80 and 140.25

The expected trend for today: Bearish

The GBPJPY pair continued to form slow sideways waves to postpone the negative attack by consolidating near 160.75, while stochastic attempt to provide the additional negative momentum and the stability below 162.10 barrier confirm the continuation of the negativity, waiting to achieve the initial negative targets at 159.80 and 158.60.

On the other hand, breaching the mentioned barrier will force the price to form new correctional bullish rally, to expect moving towards the moving average 55 at 162.75, while surpassing it will push the price to test the major resistance at 163.80.

The expected trading range for today is between 161.30 and 159.80

The expected trend for today: Bearish

Platinum price ended the positive rebound by providing new close below 1035.00 resistance, to start forming new negative waves and approach the EMA50 at 1000.00.

Also, stochastic continues to provide the negative momentum to increase the chances of resuming the negative attack, reminding you that the next main target is located near 965.00.

The expected trading range for today is between 1025.00 and 965.00

The expected trend for today: Bearish

Copper price started to react to the negative pressures by forming new bearish wave yesterday, reaching 4.1450 level, noticing that 4.3000 level continues to form additional barrier, which increases the efficiency of the correctional bearish track to keep waiting to reach the next negative target at 4.0200, which breaking it will open the way to attempt to test the bullish channel’s support line at 3.8800.

The expected trading range for today is between 4.2300 and 4.0200

The expected trend for today: Bearish