No news for the GBPJPY pair that keeps fluctuating below 154.50 barrier that forms the major factor to confirm the domination of the correctional bearish bias, thus, we will keep waiting to gather the additional negative momentum to ease the mission of achieving the correctional targets around 152.80 and 152.00.

The expected trading range for today is between 154.50 and 152.80

The expected trend for today: Bearish

Platinum price started to provide correctional bullish trades, attempting to take a breath and decrease the recent losses by moving away from 950.00 support line, while the current trades might extend towards 1010.00 followed by attempting to renew the negative trades in order to renew the pressure on the mentioned support.

On the other hand, getting a positive close above 1010.00 level will confirm surrendering to the domination of the correctional bullish bias, to expect moving towards 1040.00 and face the moving average 55.

The expected trading range for today is between 1010.00 and 950.00

The expected trend for today: Bearish

Copper price kept its positive stability above 4.4000 level to manage to record some positive targets by reaching 4.4500 recently, agreeing our bullish overview and approaching the first target at 4.5200.

Note that stochastic continues positive momentum and the moving average 55 fluctuation below the mentioned support allow us to keep the bullish overview, reminding you that surpassing 4.5200 level will allow the price to renew the pressure on 4.6700 resistance to form the second main target of the bullish bias.

The expected trading range for today is between 4.4200 and 4.5200

The expected trend for today: Bullish

The USDCHF pair attempted to breach 0.9345 level but it returned to settle below it, noticing that stochastic gathers the positive momentum clearly, waiting to motivate the price to resume the positive trades and surpass the mentioned level to open the way to head towards 0.9400 followed by 0.9470 levels.

Therefore, the bullish trend will remain valid and active for the upcoming period unless breaking 0.9265 and holding below it.

The expected trading range for today is between 0.9280 support and 0.9400 resistance.

The expected trend for today: Bullish