|
The EURJPY repeats the positive closes– Forecast today – 8-7-2026
Despite forming mixed sideways trading, the EURJPY pair’s stability above the support level at 184.10 supports activating the previously suggested bullish trend, to settle near 185.35 level.
Note that providing positive momentum by the main indicators will reinforce the chances of attacking the barrier at 185.85, to confirm the importance of surpassing it to open the way for recording extra gains that might extend in the initial resistance at 186.20 and 186.60.
The expected trading range for today is between 184.60 and 185.85
Trend forecast: Bullish
The GBPJPY remains positive– Forecast today – 8-7-2026
No change for GBPJPY pair’s track by providing repeated positive closes above 215.85 level, which represents a key extra support, forming some bullish waves by holding near 216.80.
The positive momentum makes us prefer surpassing the top at 217.15, to begin targeting new positive stations by its rally to 217.55 and 217.90, note that changing the trend and providing bearish corrective trading requires breaking the support at 214.50.
The expected trading range for today is between 215.80 and 217.55
Trend forecast: Bullish
Platinum price is without a change– Forecast today – 8-7-2026
Platinum price provided weak sideways trading in the last period, by its fluctuation near $1635.00 level, affected by the contradiction of the main indicators by providing positive momentum against the negative stability below $1745.00.
Reminding you that gathering negative momentum is important to ease the mission of breaking $1605.00 level, and holding below it to target the negative stations, which might begin at $1570.00 and $1510.00.
The expected trading range for today is between $1570.00 and $1680.00
Trend forecast: Bearish
Copper price is slow– Forecast today – 8-7-2026
Copper price forced to provide slow sideways trading, due to the contradiction of the main indicators against holding below $6.3000 barrier, the price needs to settle below $5.9500 level, reinforcing the chances of targeting the corrective stations, which might begin at $5.8200 and $5.7100.
Surpassing the barrier will cancel the corrective scenario, to open the way for recording clear gains by its rally towards $5.4300 initially, to attempt to surpass $6.5200, to confirm the continuation of the positivity in the upcoming trading.
The expected trading range for today is between $5.9500 and $6.2600
Trend forecast: Bearish