Despite the EURJPY pair’s frequent consolidation within the bullish channel, its negative fluctuation below the additional barrier 145.65 increases the chances of forming correctional bearish waves, to notice its crawl towards 144.40.

The price needs additional negative momentum to assist to confirm the domination of the bearish bias, reminding you that it is important to break 143.80 to open the way to reach the main stations at 142.50 and 141.40.

The expected trading range for today is between 145.00 and 143.80

The expected trend for today: Bearish

The GBPJPY pair kept its negative consolidation below the additional barrier 166.80, to notice the beginning of providing negative trades by settling near 166.20, also, stochastic exit from the overbought areas will provide the price with new negative momentum to reinforce the chances of providing strong negative trades that might extend towards 165.25 and 164.50 levels soon.

We remind you that succeeding to breach the current barrier and getting positive close above it confirm regaining the bullish bias, expecting to form strong positive rally and target 167.90 followed by 169.00 levels.

The expected trading range for today is between 166.80 and 165.25

The expected trend for today: Bearish

Platinum price kept its negative stability below 1010.00 barrier, to continue providing negative trades by reaching 970.00 level, noticing that stochastic reaches the oversold areas, allowing us to suggest more negative fluctuation that might target 50% Fibonacci correction level at 950.00.

Note that breaking 950.00 level that forms the additional support against the negative attack will force it to suffer more losses, waiting to test the key support at 925.00.

The expected trading range for today is between 985.00 and 950.00

The expected trend for today: Bearish

Copper price achieved the negative target at 3.5900, to press on the moving average 55 in order to find a way to resume the correctional decline for now, as the negative stability below 3.700 and stochastic continuous negative momentum will increase the chances of reaching 50% Fibonacci correction level at 3.4900, followed by monitoring the price behavior to manage to detect the next trend.

The expected trading range for today is between 3.6500 and 3.5000

The expected trend for today: Bearish