The EURJPY pair confirmed the continuation of the bullish scenario by achieving clear breach to 183.50 level, to form strong bullish rally and recording initial target by reaching 184.30 level.

Providing bullish momentum by the main indicators makes us expect forming bullish waves to attempt to reach 184.85, and surpassing this barrier will form next main target at 185.40 level in the current period trading.

The expected trading range for today is between 183.80 and 184.85

Trend forecast: Bullish

The GBPJPY pair faced temporary negative pressure in Friday, to keep its stability above the minor bullish channel’s support at 21.75 level, forming new bullish waves, to settle above 211.30 barrier, to record new gains by reaching 212.30.

We notice stochastic attempt to provide bullish momentum, to increase the efficiency of the bullish scenario makes us prefer targeting extra stations that might begin at 212.70 and 213.40.

The expected trading range for today is between 211.50 and 212.70

Trend forecast: Bullish

Platinum price leaned in its last trading above %2.0 Fibonacci extension level at $2230.00, to form strong bullish rally this morning to surpass the barrier at $2320, recording some gains by hitting $2375.00 level.

Despite the continuation of the main indicators’ contradiction, the stability above $2320.00 will provide a chance for resume the bullish attempts, to expect targeting $2415.00, to repeat the pressure on the resistance at $2467.00.

The expected trading range for today is between $2265.00 and $2415.00

Trend forecast: Bullish

Copper price provided since morning more positive attempts, approaching from the barrier at $5.9700, forming %2.00 Fibonacci extension level to obstruct the chances of recording any new historical gains, and there is a chance for providing new corrective trading to target $5.7500 and $5.5800.

While breaching the barrier and holding above it will reinforce the main bullish attack, to expect reaching $6.1200 then press on the resistance of the main bullish channel at $6.2000.

The expected trading range for today is between $5.7500 and $5.9700

Trend forecast: Bearish