The EURJPY pair began this morning with new positive trading, attempting to settle above 186.00, to increase the efficiency of the previously suggested trend, while gathering extra positive momentum makes us expect its rally towards 186.65 level, attempting to resume the bullish trend, reaching the next main target near 187.35.

The failure of confirming the breach will increase the chances of forming temporary corrective waves, to attempt to reach 185.40, to test the main support at 184.80 before any attempt to record the previously suggested targets.

The expected trading range for today is between 185.50 and 186.60

Trend forecast: Bullish

The neediness of the GBPJPY pair for bullish momentum in the last period, its positive stability above 213.50 supports the chances of renewing the bullish attempts, fluctuating near 215.15 level.

Breaching 215.50 barrier and holding above it is important to ease the mission of reaching the positive stations near 216.10 and 216.60.

The expected trading range for today is between 214.50 and 216.10

Trend forecast: Bullish

Platinum price kept its stability above the support level at $1865.00, however the contradiction of the main indicators pushed it to form weak sideways moves, to settle near $1880.00.

Note that stochastic attempt to reach the oversold level might increase the chances of breaking the current support; to force it suffer extra losses by reaching $1810.00 and $1770.00, while renewing the bullish trend will remain confined until breaching the moving average 55 at $1980.00.

The expected trading range for today is between $1770.00 and $1925.00

Trend forecast: Bearish

Copper price neediness to the positive momentum led it to form more correction waves, to move away from $6.6600, to keep providing weak sideways trading by its stability near $6.3500 level.

The sideways trading might continue with potential test to the initial support at $6.1000, which forms confirmation key for the suggested trend in the near period, breaking the support and holding below it will push the price to resume the corrective attempts, which might target $5.8200 reaching $5.5000.

The expected trading range for today is between $6.1000 and $6.5100

Trend forecast: Bearish