The EURJPY price succeeded to touch our second target at 128.80 and found solid support there, to rebound bullishly and show some bullish bias, noting that the moving average 55 forms negative pressure against the price, to support the chances of breaking the mentioned level to open the way to head towards 127.95.

Note that breaching 129.90 will stop the suggested negative scenario and lead the price to turn to rise.

The expected trading range for today is between 128.50 and 129.90

The expected trend for today: Bearish

The GBPJPY pair keeps its consolidation below the resistance line that appears on the chart, thus, no change to the bearish trend scenario that targets the bullish channel’s support line at 149.95, noting that the continuation of the bearish wave requires holding below 151.80.

The expected trading range for today is between 150.70 and 152.20

The expected trend for today: Bearish

Platinum price keeps its stability below 949.00 level, to keep the negative pressure valid for the upcoming period, organized inside the bearish channel that appears on the chart, waiting to head towards 900.00 followed by 860.00 levels as main targets.

Stochastic current positivity might cause sideways fluctuation before resuming the expected decline, which will remain valid unless breaking 949.00 and holding below it.

The expected trading range for today is between 920.00 and 960.00

The expected trend for today: Bearish

Copper price returned to break the bullish channel’s support line and settles below it, to reactivate the bearish trend scenario that targets 4.1500 followed by 4.0685 levels as next main stations.

Surpassing the moving average 55 will reinforce the chances of achieving the mentioned targets, noting that it is important to hold below 4.3330 to continue the expected decline.

The expected trading range for today is between 4.1500 and 4.4000

The expected trend for today: Bearish