There is no change for the EURJPY pair, to notice its stability above the extra support at 170.45, activating with stochastic positivity and providing new pressures on the resistance of the bullish channel at 172.40.

We recommend waiting for breaching the resistance, to reinforce the chances of its move to a new positive station then begin recording new gains by its rally to 172.85 reaching to 161.8%Fibonacci extended level at 173.45.

The expected trading range for today is between 171.50 and 172.85

Trend forecast: Bullish

The GBPJPY pair continued to provide mixed trading within the bullish channel’s levels, approaching from the correctional target at 197.85, affected by stochastic negativity that fluctuates below 50 level as appears in the above image.

Reminding you that the bullish scenario will remain valid unless the price settles above the extra barrier at 198.80, increasing the chances for reaching 197.85 and 197.40, while the price success to breach the barrier will open the way towards recording several gains that might begin at 199.60 and 200.35.

The expected trading range for today is between 197.85 and 199.00

Trend forecast: Fluctuated within the bullish track

Despite Platinum price fluctuation in tight range, but its repeated fluctuation above $1366.00 level assists to confirm the bullish scenario in the upcoming trading, stochastic attempt to provide the positive momentum will ease the mission of targeting the positive stations that are located near $1420.00 and $1457.00.

Note that the price decline below $1366.00 and providing negative close will force it to delay the bullish attack, and providing some of the correctional trading that might push it to test $2.00 Fibonacci extended level near $1333.00.

The expected trading range for today is between $1365.00 and $1420.00

Trend forecast: Bullish

Copper price continues calm sideways trading in the last period, attempting to gather extra positive momentum to reinforce the continuation of the positivity that depends on the stability above the support level at $5.3200.

Therefore, we will keep our bullish expectation of the target $5.4700 level, reaching the next main target at $6.0400, while the trading below the support will force the price to provide some bearish correctional trading to target $5.1500 and $4.9800 level before any attempt to record any of the extra targets.

The expected trading range for today is between $5.3500 and $5.7200

Trend forecast: Bullish