The EURJPY pair continued providing unstable sideways trading due to its confinement between 184.20 level, while 185.85 level keeps forming a strong barrier against the bullish attempts.

We will stay aside waiting for the price until surpassing one of these levels, to detect the expected trend in the near and medium trading, wile breaching the barrier and holding above it will provide a chance for recording new gains that might begin at 186.60, while breaking the support will force it to suffer several losses by reaching 183.70 and 183.25.

The expected trading range for today is between 184.20 and 185.50

Trend forecast: Neutral

The GBPJPY pair succeeded in surpassing stochastic negativity by providing a new positive close above the extra support at 216.40, but the weakness of the positive factors didn’t let it resume the bullish attempts, to notice its fluctuation near 216.85 level.

Gathering positive momentum is important for reinforcing the chances of forming a new bullish rally, to attempt to surpass 217.90 level, to ease the mission of recording new gains that might begin at 218.30 and 218.55, while its decline below the support and providing negative close will increase the chances of activating the bearish corrective attempts, to suffer several losses by targeting 215.90 and 215.40 levels.

The expected trading range for today is between 216.60 and 217.90

Trend forecast: Bullish

Platinum price kept providing weak sideways trading by its stability near $1605.00 level, affected by the contradiction of the main indicators, obstructing the attempts of activating the suggested negative trend.

The price needs a new negative momentum, which allow it to reach $1510.00 support, while breaking it will confirm its move to a new negative station, to target $1440.00 level, reaching $1310.00, while holding above this support might provide a chance for recording some gains by target $1690.00 level, reaching the barrier near $1785.00

The expected trading range for today is between $1555.00 and $1680.00

Trend forecast: Fluctuating 

Copper price suffered new positive pressures due to the continuation of forming extra support by moving average 55 stability near $5.9500, besides stochastic rally to 80 level, forcing it to delay the previously waited corrective attempts by its rally towards $6.2850, approaching the initial barrier.

The continuation of the positive pressure might push it to surpass the current barrier, to record some gains by its rally towards $6.3800 and $6.4500, while the failure of the breach will force it to provide mixed trading with a new chance to target $6.1000 level, reaching the mentioned support to find an exit for activating the corrective trend again.

The expected trading range for today is between $6.1500 and $6.3800

Trend forecast: Bullish