No news for EURJPY pair until this moment, affected by the positivity of the main indicators, which forces it to delay the bearish attack and keep forming bullish corrective waves, to settle near 184.30.
Reminding you that the negative scenario will remain valid, depending on the stability of the initial resistance at 184.80, which makes us wait for gathering negative momentum to motivate it to target the negative stations by reaching 183.10 followed by 182.20.
The expected trading range for today is between 183.30 and 184.55
Trend forecast: Fluctuating within the bearish track
The GBPJPY pair remains affected by the main indicators positivity, to settle above 210.60 level and providing several bullish corrective waves, to settle near 211.40.
Reminding you that the stability below 213.30 resistance and the attempt of forming extra barrier at 211.85 level against the current trading makes us wait for gathering the negative momentum to begin negative attack, to press on 210.60 soon, and breaking it might extend the trading towards 209.60 and 209.10.
The expected trading range for today is between 209.60 and 211.80
Trend forecast: Bearish
Platinum price attempted to form several bullish waves in the previous period, moving away from the support at $1860.00, providing strong pressures on the moving average 55, which keeps forming a key barrier at $1980.00.
The positive attempts get advantage of the stability above the previously mentioned support, which makes us wait for breaching the moving average 55 and holding above it to pave the way for achieving extra gains that might begin at $2070.00 and $2130.00, while breaking the support will push the price to provide new bearish trading, to reach $1170.00.
The expected trading range for today is between $1905.00 and $2070.00
Trend forecast: Bullish
Copper price provided several positive closes above $5.5100 level in the last trading, which represents %161.8 Fibonacci extension level, attempting to reinforce the chances of regaining the bullish bias by reaching $5.6700 level.
The continuation of attempting bullish momentum by the main indicators makes us wait for confirm the stability of the price above $5.6200 level, opening the way for targeting new bullish stations that might extend towards $5.7500 and $5.9700.
The expected trading range for today is between $5.5500 and $5.7500
Trend forecast: Bullish