The EURJPY pair succeeded to target the negative correctional stations by touching 163.42 level, to form new support base followed by bouncing towards the MA55 direct at 164.50.

We expect to provide positive momentum by stochastic to form new bullish rally and attack 165.05 level soon, while surpassing will push the price to achieve additional gains by rallying towards 165.75 and 166.40 levels.

The expected trading range for today is between 163.80 and 165.05

Trend forecast: Bullish

The GBPJPY pair touched the negative target at 196.80, to form solid support line extension as appears on the chart followed by renewing its positive action, settling near 198.15.

Note that the consolidation of the MA55 near the mentioned support and stochastic positive momentum signals might assist to breach 198.70 obstacle to open the way to resume the bullish attack, expecting to target 199.70 as a first main station.

The expected trading range for today is between 197.60 and 199.70

Trend forecast: Bullish

Platinum price confirmed its surrender to the domination of the bearish bias by forming new negative attack recently, to notice targeting 965.00$ level again, while the previously suggested negativity is caused by 995.00$ level forming additional barrier, in addition to the continuous negative momentum coming by the major indicators, which allows us to wait to reach additional negative stations that might start at 950.00$ and 935.00$.

The expected trading range for today is between 950.00$ and 985.00$

Trend forecast: Bearish

Copper price repeated the weak sideways trades by fluctuating near 4.3000$, affected by stochastic negativity, to provide many negative closings below the initial barrier 4.3900$, to increase the chances of forming new negative waves that might push it to press on 4.2000$ level, while breaking it will force the price to suffer additional losses that might extend towards 4.1450$ and 4.0700$.

On the other hand, rallying above the mentioned barrier and providing positive close will confirm regaining the bullish bias, allowing us to suggest targeting the positive stations represented by 4.5400$ and 4.6900$.

The expected trading range for today is between 4.1500$ and 4.4000$

Trend forecast: Bearish