The EURJPY pair hinted postponing the negative attack by providing new positive close yesterday above 160.20 support line, to surrender to stochastic positivity and settle above 161.65, attempting to press on the MA55 by reaching 162.35.

Facing continuous positive pressures allows us to suggest providing new correctional bullish rally to target 162.75 level soon followed by attempting to press on the additional resistance at 163.25.

The expected trading range for today is between 161.70 and 162.75

Trend forecast: Bullish

The GBPJPY pair confirmed getting rid of the negative pressures after touching 190.50 level yesterday, to notice reacting to stochastic positivity by surpassing 191.80 barrier and attempt to cover more previously suffered losses by settling near 192.30.

Note that forming continuous support at 189.30 will confirm the price surrender to the bullish track on the near-term and medium-term basis, to expect rallying towards 192.90 soon followed by attempting to press on the additional resistance at 194.10.

The expected trading range for today is between 191.45 and 192.90

Trend forecast: Bullish

Platinum price repeated the attempts to activate the bullish rally by approaching the MA55 that forms intraday obstacle at 955.00$, while the stability of 920.00$ support line and stochastic continuous positive momentum allow us to expect forming strong bullish waves now to manage to record the previously waited targets near 983.00$ and 1005.00$ levels.

The expected trading range for today is between 940.00$ and 965.00$

Trend forecast: Bullish

The lack of the positive momentum led copper price to provide more sideways trades, to keep its stability above the MA55 that supports the stability of the additional support line at 4.2000$.

We recommend waiting to breach 4.3300$ obstacle to open the way to activate the bullish scenario, expecting to achieve many gains that might start at 4.4400$ and 4.5300$ levels.

The expected trading range for today is between 4.2500$ and 4.4400$

Trend forecast: Bullish