The EURJPY pair still affected by the domination of the sideways bias by fluctuating within the sideways track represented by 161.60 support and 163.25 resistance.

Note that stochastic continuous negative momentum might push the price to attack the current support, while breaking it will push the price to form new negative trades to target 160.90 and 160.20 levels.

The expected trading range for today is between 161.65 and 163,25

Trend forecast: Neutral

No news for the GBPJPY pair despite the frequent stability above 191.80 support line, to notice its surrender to the stability of 194.30 resistance line in addition to stochastic negative momentum signals.

These factors confirm the price affection by the domination of the sideways bias, to provide mixed trades until breaching the resistance to manage to achieve additional gains by rallying towards 194.80 and 195.55 levels.

The expected trading range for today is between 192.80 and 194.30

Trend forecast: Bullish

Platinum price repeated the negative closings below 955.00$ barrier, hinting its surrender to the continuous domination of the correctional bearish bias by consolidating near 940.00$.

Also, stochastic continuous negative momentum assists to provide more negative trades until reaching the additional support at 920.00$, while breaching the barrier and holding above it will push the price back to the bullish track to expect achieving many gains by rallying towards 972.00$ followed by reaching 983.00$.

The expected trading range for today is between 920.00$ and 955.00$

Trend forecast: Bearish

Copper price surrenders to the major indicators’ negativity, forming bearish wave to fluctuate below the MA55 and approach 4.1500$ support line.

We expect to witness more temporary negative trades, noting that breaking the current support will force it to suffer additional losses that might extend towards 4.0200$, while regaining the bullish bias requires forming strong bullish rally to surpass 4.3300$ followed by starting to target the positive stations by moving towards 4.4500$.

The expected trading range for today is between 4.1500$ and 4.2600$

Trend forecast: Bearish