The EURJPY pair reached 286.00 level in its last bullish rally, forcing it to form some corrective waves, holding near 185.65 level, this rebound will not affect the previously suggested bullish trend, depending on forming main support at 184.35 level, besides forming a new extra support against the bullish attempts at 185.15.

Therefore, we will keep waiting for gathering the required extra positive momentum to form a strong bullish rally, to reinforce the chances of reaching positive stations that are located near 186.25 and 186.60.

The expected trading range for today is between 185.15 and 186.25

Trend forecast: Bullish

The GBPJPY pair lost the bullish momentum yesterday after recording 219.25 level, which forces it to activate the attempts of gathering gains, forming some negative corrective trading by reaching 218.45.

The price keeps forming corrective trading, attempting to test 217.90 level reaching the bullish channel’s support at 217.65, it will not affect the main bullish scenario, depending on forming main support at 216.30 level against the bullish trading.

The expected trading range for today is between 217.90 and 219.20

Trend forecast: Fluctuating within the bullish trend.

Platinum price kept its negative stability below the extra barrier at $1690.00, keeping the bearish corrective scenario, forming strong bearish waves, to settle near $1585.00.

Providing negative momentum by the main indicators will increase the chances of surpassing $1560.00 level, reinforcing the chances of reaching $1532.00, where surpassing it will open the way for reaching new bearish stations that begin at $1490.00 and $1440.00.

The expected trading range for today is between $1530.00 and $1620.00

Trend forecast: Bearish

Copper price ended the last bullish rally by recording $6.3650 level, holding below the main barrier at $6.5100, announcing its readiness to renew the bearish corrective attempts by reaching $6.1100.

The price needs a new negative momentum to reinforce the chances of resuming the negative attempts, to reach $6.0500, repeating the pressure on the barrier at $5.9000 to find chances for targeting new corrective stations that might begin at $5.7800.

The expected trading range for today is between $5.9000 and $6.2500

Trend forecast: Bearish