The EURJPY pair began to receive the negative momentum by stochastic reach to 50 level, which forces it to provide new negative closes below the bearish channel’s resistance at 144.75.
Noticing the continuation of providing negative pressures on the obstacle at 143.80, achieving the break makes us expect forming strong bearish waves, to wait for reaching 142.70, then extend the trading towards the next target at 142.10.
The expected trading range for today is between 144.10 and 142.70
The expected trend for today: Bearish
The GBPJPY pair got advantages from stochastic positivity by providing a new fluctuated moves near 166.80 barrier in order to find a n exit to resume the suggested rise, therefore, we should confirm that providing a positive close above the current barrier is important to allow it to record several targets by reaching 168.00 and 168.80
The expected trading range for today is between 166.30 and 168.00
The expected trend for today: Bullish
Platinum price still need positive momentum to keep its sideways fluctuation within the bullish track by its move away from the support at 965.00 without recording any new positive target, to settle near 1000.00.
Reminding you that gathering extra momentum is important to activate the bullish track to target several positive stations that begin at 1040.00 and 1070.00.
The expected trading range for today is between 990.00 and 1040.00
The expected trend for today: Bullish
Copper price succeeded to surpass the obstacle at 3.8500, to confirm its surrender to the suggested bullish bias domination, to achieve the gains by reaching 3.9000, providing positive momentum by stochastic and the repeated stability above the extra support at 3.7000, we expect resuming the bullish rally to target 4.0500 reaching to 4.1800 level in the medium period.
The expected trading range for today is between 3.8000 and 4.0500
The expected trend for today: Bullish