The EURJPY pair confirmed its surrender to the dominance of the bearish corrective trend below 177.80 barrier, reaching towards 176.35 to begin gathering profits.

The continuation of the fluctuation below the mentioned barrier and stochastic attempt to exit the overbought level, makes us expect forming extra corrective waves to press on 175.85 level, then waiting for testing the extra support near 175.20.

The expected trading range for today is between 176.20 and 177.45

Trend forecast: Bearish

The GBPJPY pair confirmed its surrender to the bearish corrective trend by providing a new negative close below the barrier at 205.35 level, activating the suggested corrective attack, hitting 202.65 level to record the suggested targets in the previous report.

The continuation of the main indicators contradictions makes us expect the price affection by the sideways trend, to keep waiting for surpassing 203.85 level, to motive the bullish track by targeting 204.55 and 205.20.

The expected trading range for today is between 202.75 and 203.85

Trend forecast: Bullish

Platinum price ended its last bullish rally by it approach few points from the target at $1690.00, which forces it to form corrective decline towards $1584.00 affected by stochastic exit from the overbought level as appears in the above image.

Affected by the instability until gathering extra positive momentum, reminding you that the repeated stability above the support near $1520.00 will help it to motivate the bullish track by attacking the barrier at $1690.00 to find an exit for reaching the next target $1655.00.

The expected trading range for today is between $1570.00 and $1650.00

Trend forecast: Fluctuated within the bullish track

Copper price extended yesterday to the $5.1950 level, achieving the initial suggested target previously, to confirm its surrender to the bullish bias dominance that depends on the stability of forming extra support at $4.7500.

The continuation of stochastic attempts to provide positive momentum by reaching the overbought level, which will increase the efficiency of the bullish track in the current period, to keep waiting for recording extra gains that might extend to $5.3200 and $5.5000.

The expected trading range for today is between $4.9800 and $5.3200

Trend forecast: Bullish