The EURJPY pair failed to resume the bearish corrective trend due to its stability above 180.80 support, to begin forming some bullish waves by its stability near 181.75.

Note that the continuation of providing positive closes above the current support, and the attempt of the main indicators to provide bullish momentum will increase the chances of recovering more of losses by its rally towards 182.60 and surpassing it might extend the trading towards 183.35.

The expected trading range for today is between 181.10 and 182.60

Trend forecast: Bullish

The GBPJPY pair affected by the contradiction of the main indicators, since Friday’s trading to delay the negative attack and providing mixed trading, to approach from 209.15 barrier.

This scenario depends on the strength of this barrier, the stability below it will increase the chances of forming new bearish waves, attempting to reach 207.60 and 207.05, while surpassing the barrier will allow it to recover some losses by its rally towards 209.80 directly, to attempt to test the resistance near 210.60.

The expected trading range for today is between 208.00 and 209.20

Trend forecast: Fluctuated within the bearish track.

Platinum price remains under the dominance of the bearish trend until this moment, due to its stability below $2245.00 level, forming mixed trading to keep its stability near $2040.00.

We will keep waiting for the price to activate with stochastic negativity, to repeat the pressure on $1950.00 level, and breaking it will open the way for resuming the bearish moves until reaching the extra targets that are located at $1880.00 and $1785.00.

The expected trading range for today is between $1950.00 and $2100.00

Trend forecast: Bearish

Copper price began this morning, activating with the negative factors that are represented by the stability of the barrier at $5.9700 besides the continuation of providing negative momentum, fluctuating near $5.7000 level.

We will keep our bearish corrective suggestion until facing extra support level at $5.5100, representing key for detecting the expected targets in the medium period trading

The expected trading range for today is between $5.5100 and $5.8500

Trend forecast: Bearish