The EURJPY pair repeated providing negative closes below the barrier at 185.85, forcing it to delay the bullish trend, to activate the bearish corrective trend by reaching 184.75.

Suffering new negative pressure makes us resume the corrective attempts, attempting to reach 184.55, to press on the support at 184.20 to find an exit to resume the negative trading, while breaching the barrier will confirm its readiness to record new gains by its rally towards 186.20 and 186.60.

The expected trading range for today is between 184.20 and 185.60

Trend forecast: Bearish

The GBPJPY pair approached the extra target at 218.10 by its last bullish rally, but its neediness to the bullish momentum by stochastic attempt to exit the overbought level that pushed it to form corrective rebound, to settle near 217.00.

The continuation of the trading fluctuation below the barrier at 118.10 makes us expect forming corrective trading, to target 216.30 level reaching the extra support near 215.45, while breaching the barrier and holding above it will open the way for resuming the bullish trend, reminding you that the stability of the next main target near 218.65 level.

The expected trading range for today is between 216.55 and 218.10

Trend forecast: Fluctuated within the bullish trend

Despite the stability of Platinum price above the resistance of the minor bearish channel’s resistance at $1585.00, however it will not affect the bearish scenario due to the stability below the main barrier at $1745.00.

The price might be forced to provide mixed trading with a potential test to $1695.00 level until gathering extra negative momentum, while the price return to settle below $1575.00 will increase the efficiency of the bearish trend, which might target $1510.00 reaching $1445.00.

The expected trading range for today is between $1590.00 and $1680.00

Trend forecast: Fluctuated

Copper price failed to break $2.9500 level, affected by the stability of the moving average 55 near it, forcing it to delay the corrective decline and forming some bullish waves, to settle near $6.2000.

The current bullish rally doesn’t affect the bearish corrective trend due to the stability below $6.3000 barrier, which makes us wait for gathering the negative momentum again, which allows it to renew the pressure on the barrier at $5.9500 to find an exit for targeting new bearish stations that begin at $5.8100, while breaching the barrier and holding above it will open the way for recording extra gains that might begin at $6.4600.

The expected trading range for today is between $5.9500 and $6.3000

Trend forecast: Bearish