The GBPJPY pair ended the last bullish rally by reaching 215.77 level, to face %100 Fibonacci extension level, which might form an intraday obstacle against the bullish attempts, to force it form some mixed trading before resuming the bullish trend, and there is a chance for retesting 214.55 level.

While breaching the barrier and holding above it will open the way for targeting more positive stations, to reach 216.20 directly by providing positive momentum that might lead it to reach the next main target near 217.50.

The expected trading range for today is between 214.85 and 216.20

Trend forecast: Bullish

Platinum price confirmed its surrender to the bullish scenario by its stability yesterday above $2070.00 level, to form a new bullish rally and recording some previously suggested gains by reaching $2145.00 level.

The repeated stability above the moving average 55 near 1995.00, by the continuation of providing positive momentum by the main indicators will increase the chances of recording new gains, to reach $2205.00, which might form a new obstacle against the bullish rally, while surpassing this obstacle will ease the mission of achieving extra gains that might extend towards $2290.00 initially.

The expected trading range for today is between $2070.00 and 22205.00

Trend forecast: Bullish

Copper price continued its bullish rally yesterday at $5.9700, to open the way for resuming the bullish trend, to achieve the extra target by reaching $6.1040 level, forming sideways trading by its fluctuating near $6.5080.

The stability above the breached barrier will provide a chance for forming more bullish attempts to achieve extra gains that might extend towards $6.1550 reaching the resistance of $6.2400.

The expected trading range for today is between $5.9000 and $6.1550

Trend forecast: Bullish

Ethereum (ETHUSD) declined in its latest intraday trading as the price attempts to establish a higher low that could serve as a base for regaining bullish momentum and resuming its recovery. During this move, the asset has managed to unwind previous overbought conditions on the relative strength indicators, which have now entered oversold territory relative to price action, suggesting the potential for renewed upward momentum.

This comes within the context of a dominant short-term uptrend, with price action moving along a supportive ascending trendline. In addition, continued dynamic support from EMA50 reinforces the chances of near-term recovery.