The EURJPY pair confirmed the continuation of the bullish scenario by providing new close above the extra support at 175.20 level, forming bullish moves by reaching 176.00.
Note that the continuation of the main indicators’ contradiction might force the price to provide new sideways fluctuated moves, but its success in surpassing the intraday barrier near 176.45 might increase the efficiency of the bullish track, to target 177.05 level reaching the achieved top at 177.90.
The expected trading range for today is between 175.50 and 176.45
Trend forecast: Fluctuated within the bullish track
The GBPJPY pair succeeded in surpassing stochastic negativity by providing new close above the support at 201.70 level, forming positive trading to settle near 202.55.
Gathering extra positive momentum is important for reinforcing the chances of forming strong bullish rally to target 203.40 level initially, to extend the trading towards 1.809%Fibonacci extension level at 203.85.
The expected trading range for today is between 201.80 and 203.40
Trend forecast: Bullish
Platinum price didn’t move anything since yesterday, due to its fluctuation below $1690.00, providing intraday sideways trading to gather extra positive momentum again.
The continued stability above extra support at $1600.00 and stochastic rally above 50 level will increase the chances of achieving the required breach, to ease the mission of recording new historical gains that might begin at $1745.00 and $1835.00.
The expected trading range for today is between $1635.00 and $1745.00
Trend forecast: Bullish
Copper price affected by the sideways bias dominance due to its neediness to the positive momentum, which forces it to fluctuate below $5.0600 level, testing extra support at $4.7500 to settle above it.
The sideways trading until gathering positive momentum, which allows it to surpass the current barrier, waiting for its rally towards extra stations near $4.2000 and $5.3200.
The expected trading range for today is between $4.7500 and $5.2000
Trend forecast: Bullish