The EURJPY pair confirmed its surrender to the negative pressure by moving away from the barrier at 187.50, forming some bearish corrective waves, to settle near 186.45.

Note that stochastic approach from 20 level confirms providing extra negative momentum makes us prefer more corrective attempts, which might target 186.10 and 185.65 level.

The expected trading range for today is between 185.65 and 187.10

Trend forecast: Bearish

The GBPJPY pair surrendered to the stability of the barrier near 215.70, to force it delay the bullish trend and form some bearish corrective waves, to settle near 214.90.

Stochastics’ attempt to form negative momentum might push the price to resume the corrective attempts by reaching 214.55. Breaking this support will extend the trading towards 214.10, which means an extra support for the current trading.

The expected trading range for today is between 214.10 and 215.40

Trend forecast: Bearish

Platinum price confirmed delaying the bullish attempts by its stability below $2085.00 level, to begin activating with stochastic negativity by reaching the moving average 55 at $1990.00.

The continuation of the negative pressure will force the price to resume the corrective trend, to expect reaching the initial support at $1950.00, where breaking it will force it to suffer extra losses that might extend to $1910.00 and $1865.00.

The expected trading range for today is between $1950.00 and $2035.00

Trend forecast: Bearish

Copper price remains affected by stochastic negativity, attempting to reach below $5.9700 to increase the chances of activating the temporary bearish corrective trend, to reach $5.8900 followed by $5.8200 level, which represents a new extra support against the current trading.

Forming a strong obstacle at $6.1200 level against the bullish attempts will increase the chances of forming negative attempts, to keep waiting to reach the previously suggested stations, to monitor its behavior to confirm the suggested trend in the upcoming trading.

The expected trading range for today is between $5.8200 and $6.0500

Trend forecast: Bearish