The EURJPY pair ended Friday’s trading by providing new positive close above the extra support at 175.20 level, facing the negative pressure and the continuation of the previously suggested bullish track.

By the above image, we notice reaching 176.35 level this morning, to approach from the previously waited target, to form new sideways fluctuation, to confirm gathering extra positive momentum, to ease the way for surpassing 176.45 level, opening the way for achieving extra gains by its rally towards 177.05 reaching 177.85 in the near-period trading.

The expected trading range for today is between 175.45 and 177.05

Trend forecast: Bullish

The GBPJPY pair is under strong bearish trading in Friday’s trading, suffering extra losses by its approach from the extra support at 200.45, forming quick bullish rebound, reaching 203.15 level, announcing its attempt to regain the bullish bias.

Note that the stability of the trading above 201.70 level is important to increase the chances of renewing the bullish attempts, repeating the pressure on 203.10 obstacle, and surpassing it will make it achieve extra gains by its rally towards 203.95, while the price return to settle below 201.70 will force it to form new bearish waves, waiting for attacking 200.45 level again.

The expected trading range for today is between 201.70 and 203.00

Trend forecast: Bullish

Platinum prices failed to settle for long time above $1695.00 level, forming sharp corrective decline, announcing the attempts of gathering the gains by reaching below extra support at$1605.00.

Note that the continuation of the price fluctuation below the broken support, by providing negative momentum by stochastic reach below 50 level, which will increase the efficiency of the bearish corrective track, to expect targeting 61.8%Fibonacci extension level at $1525.00, and surpassing it will form the next corrective target of the bearish trading at $1485.00 level

The expected trading range for today is between $1525.00 and $1610.00

Trend forecast: Bearish

Copper price surrendered to the dominance of the sideways bias, due to its continuous neediness to the positive momentum, besides the stability of the barrier at$5.0600, fluctuating near $4.9500 level without recording any of the previously waited positive targets.

Stochastic decline below 80 level might increase the chances for a temporary corrective decline, to repeat the pressure on the extra support at $4.7500, while its success in surpassing the barrier and holding above it will renew the chances of recording extra gains by its rally towards $5.2000 and $5.3200 directly.

The expected trading range for today is between $4.7500 and $5.0600

Trend forecast: Fluctuated