The EURJPY pair announced its surrender to the bearish trend dominance by reaching below the sideways trend’s support at 214.20 level, forming some bearish waves and reaching 183.50 level.

The continuation of providing negative momentum by the main indicators will increase the chances of resuming the negative attempts, to expect targeting 182.85 level, reaching the next support at 182.30, while the attempt of regaining the bullish trend requires forming a strong bullish rally, to settle above 185.50 level.

The expected trading range for today is between 182.85 and 184.20

Trend forecast: Bearish

The GBPJPY pair surrendered to the stability of the barrier at 214.50, to begin forming bearish trading by its stability below 213.50 level, announcing the continuation of the previously suggested bearish scenario.

The price needs an extra negative momentum, which allows it to provide a new negative close below 213.50 level, reinforcing the chances of resuming the bearish trend by reaching 212.45 reaching the initial main target at 211.80.

The expected trading range for today is between 211.80 and 213.70

Trend forecast: Bearish

Despite the weakness of the last trading of Platinum price, the stability near $1630.00 level, which confirms the stability of the previously suggested bearish scenario as there are several negative factors, such as forming a new extra barrier at 1745.00 level besides the continuation of providing negative momentum by the main indicators.

And that makes us wait for breaking $1605.00 level, opening the way for resuming the negative trend, to expect targeting $1565.00 and $1490.00 initially.

The expected trading range for today is between $1565.00 and $1700.00

Trend forecast: Bearish

Copper price activated the bearish corrective trend, to notice its attempt to settle below $6.1000 support, which formed the initial target in the previous report.

The continuation of facing negative pressures might allow it to confirm breaking the current support, to open the way for targeting more correctional stations, which might begin at $5.9200 and $5.8000, if the price remains at $6.3200 level in the current period.

The expected trading range for today is between $5.9200 and $6.1850

Trend forecast: Bearish