The GBPJPY pair confirmed its continuous surrender to the domination of the bearish bias by settling frequent within the bearish channel that appears on the chart, to notice providing new negative pressures on the additional support 188.15.

The frequent stability below the major resistance at 191.30 and the major indicators’ attempt to provide the additional negative momentum allow us to expect crawling below the current support to open the way to target the additional negative stations that start at 187.80 and 186.90.

The expected trading range for today is between 187.80 and 190.25

Trend forecast: Bearish

Platinum price approached the MA55 today by touching 962.00$ level, followed by noticing new rally towards the broken bullish channel’s support line at 979.00$, taking advantage of stochastic exit from the oversold areas.

Despite the major indicators’ attempt to provide the positive momentum, the stability below 983.00$ barrier until now will confirm the price affection by the instability situation, within chances to form more negative trades to target 950.00$ level.

The expected trading range for today is between 950.00$ and 980.00$

Trend forecast: Bearish

Copper price returned to provide new negative pressures on 4.5300$ support line, hinting postponing the bullish rally due to the continuous contradiction between the major indicators recently.

We remind you that it is important to wait to achieve the required break to confirm targeting the negative stations at 4.4600$ and 4.3900$, while regaining the bullish bias requires forming strong positive rally to settle above 61.8% Fibonacci correction level at 4.6800$.

The expected trading range for today is between 4.4600$ and 4.6200$

Trend forecast: Bearish

Ethereum price (ETHUSD) traded with clear positivity in the previous sessions to breach 2764.75$ and settle above it, to hint the attempt to recover and achieve more gains on the intraday basis, but we notice that the price lost its positive momentum to start providing negative trades by today’s open.