The GBPJPY pair continued to form negative trades since yesterday, to notice approaching the target at 189.30 that forms the key to confirm the continuation of the negativity for the upcoming period.

Note that getting continuous negative momentum by the major indicators will ease the mission to break the current obstacle, to keep our bearish overview to target 188.10 level followed by reaching the major support at 186.90, while breaching 191.40 will postpone the decline and form correctional bullish trades on the near-term and medium-term basis.

The expected trading range for today is between 188.10 and 190.70

Trend forecast: Bearish

Platinum price failed to gather the positive momentum until this morning to continue fluctuating near the additional support at 933.00$, reminding you that it is important to settle above 920.00$ now to reinforce the chances of renewing the bullish attempts and reach the positive stations near 955.00$ and 983.00$.

Stochastic reach to the oversold areas confirms the beginning of getting rid of the negative pressures, to provide the chance to gather the positive momentum and start targeting the mentioned positive stations.

The expected trading range for today is between 930.00$ and 955.00$

Trend forecast: Bullish

Copper price confirmed the positive stability above 4.3300$ level, taking advantage of the major indicators that provide the positive momentum to form new bullish wave this morning and settle near 4.4400$.

We expect to renew the bullish rally today to target 50% Fibonacci correction level at 4.5300$, while crawling below 4.3300$ again might force it to postpone the rise and provide some correctional trades by targeting the MA55 at 4.2000$.

The expected trading range for today is between 4.3300$ and 4.5300$

Trend forecast: Bullish

Ethereum price (ETHUSD) returns to rise after the decline that it witnessed in the previous sessions, to approach 3425.50$, waiting to breach this level to confirm the continuation of the rise and achieve positive targets that start at 3555.00$ and extend to 3680.00$.

Stochastic overlaps positively now to support the chances of achieving the required breach followed by achieving the suggested targets, while breaking 3222.00$ will stop the bullish wave and push the price to turn to decline.

The expected trading range for today is between 3250.00$ support and 3520.00$ resistance.

Trend forecast: Bullish