The EURJPY pair activated negatively with stochastic decline towards the oversold to test the bullish channel’s support at 183.45, attempting to settle above it to keep the bullish trend and begin targeting some bullish stations by its rally towards 184.40, and surpassing it will open the way for reaching the next positive target at 184.90.

While facing new negative pressure by reaching below the current support will confirm its surrender to the bearish corrective trend, which forces it to suffer extra losses by reaching 183.10 and 184.90.

The expected trading range for today is between 183.50 and 184.40

Trend forecast: Bullish

No news for GBPJPY pair until this moment due to its stability below 211.30 barrier, which forces it to provide new sideways fluctuated moves and delay the bullish rally in the current trading.

There are a chance for forming bearish corrective waves to target 210.40 level, reaching extra support near 209.70, while breaching the current barrier and holding above it, will provide a chance for a new bullish waves, to record extra gains by its rally towards 212.50 reaching the bullish channel’s resistance at 213.55.

The expected trading range for today is between 209.30 and 211.30

Trend forecast: Fluctuated within the bullish trend

Platinum price ended the bearish corrective attack by targeting $1905.00 level, forming key liquidity sweep zones, enabling it to renew the bullish rally to reach $2255.00 level, announcing the continuation of the main bullish scenario.

To confirm gathering extra bullish momentum to ease the mission of holding above $2235.00 level is important to reinforce the chances of recording new gains by its rally towards $2325.00 reaching the next barrier near $2415.00.

The expected trading range for today is between $2095.00 and $2290.00

Trend forecast: Bullish

Copper price kept the positive stability above $5.5100 support in the last trading, to rally towards the initial target at $5.8100, taking advantage of stochastic stability within the overbought level.

The continuation of the pressure on $5.8100 level might allow it find an exit for resuming the bullish attack, to expect breaching $5.9700 to extend the trading towards the bullish channel’s resistance at $6.1700 level.

The expected trading range for today is between $5.6100 and $5.9700

Trend forecast: Bullish