Despite the EURJPY pair’s lack of the positive momentum and forming correctional bearish wave recently, the main stability within the bullish channel and consolidating above the additional support at 163.00 allow us to keep the bullish overview for the near-term and medium-term trades, to expect targeting 163.95 followed by reaching the next main target at 164.90.

We notice stochastic approach to 20 level to confirm getting rid of the temporary negative pressures, to provide chances to gather the additional positive momentum and ease the mission of reaching the mentioned positive targets.

The expected trading range for today is between 163.25 and 163.95

The expected trend for today: Bullish

The GBPJPY pair activated the correctional bearish track to start gaining some profits, to notice crawling below 186.65, affected by stochastic that settles near 20 level.

We remind you that the main stability within the main bullish channel that appears on the chart and 186.30 level forming additional support allow us to wait to gather the positive momentum to renew the bullish attempts that might target 187.35 and 188.00 levels initially.

The expected trading range for today is between 186.50 and 187.35

The expected trend for today: Bullish

Platinum price confirmed postponing the negative attack by fluctuating near 894.00 resistance line, affected by stochastic reach to the overbought areas that contradicts with the MA55 that provides the negative momentum by leaning near 922.00.

The continuous stability above 880.00 will increase the chances of activating the correctional bullish track until testing 922.00 level, while gathering the negative momentum and declining below 880.00 will allow the price to renew the negative attempts, to target 855.00 and 810.00 levels.

The expected trading range for today is between 880.00 and 912.00

The expected trend for today: Bullish temporarily

Copper price didn’t move, fluctuating near 3.6900 level, keeping its bearish track that depends on the strength of 3.7400 barrier, assuring the importance or gathering the negative momentum again, to ease the mission of reaching the negative stations near 3.6200 and 3.5000.

We remind you that facing new positive pressures and surpassing the mentioned barrier will postpone the negativity for the now, to expect forming new bullish waves that might extend towards the key resistance at 3.8100 before touching any new negative target.

The expected trading range for today is between 3.7200 and 3.6200

The expected trend for today: Bearish