The EURJPY pair resisted the negative pressures by providing new positive close above 134.63 level, hinting regaining the bullish bias to notice rallying towards 136.00 as a first positive target for the bullish track.
Also, note that stochastic begins to provide the positive momentum to ease the mission of renewing the bullish attack, to expect moving towards 136.75 followed by reaching the previously recorded high at 137.45.
The expected trading range for today is between 135.70 and 136.75
The expected trend for today: Bullish
The GBPJPY pair took advantage of the stability of the additional support at 161.40 to notice resuming the bullish attempts and record more gains by reaching 162.70 level, also, stochastic provides the positive momentum to agree our bullish overview, to keep waiting to achieve 163.35 in the near term period, while surpassing it will extend trades towards 164.00 and 164.80 levels.
The expected trading range for today is between 161.40 and 163.30
The expected trend for today: Bullish
Despite forming mixed sideways trading, platinum price negative stability below the moving average 55 and forming additional barrier at 1005.00 supports our bearish overview for the upcoming period.
We expect to gather additional negative momentum and crawl below 950.00 level, to resume the negative attempts and press on 908.00 support line, followed by monitoring the price behavior to manage to detect the next main trend.
The expected trading range for today is between 990.00 and 950.00
The expected trend for today: Bearish
Copper price hinted surrendering to the domination of the correctional bearish bias by consolidating below 4.8100 barrier, to notice crawling towards 4.6700 recently, also, stochastic continues to provide the negative momentum to increase the negative pressures until reaching the negative stations at 4.5500 followed by waiting to test the main support at 4.3300.
The expected trading range for today is between 4.7000 and 4.5500
The expected trend for today: Bearish