The GBPJPY pair touched 196.30 level, to face a strong obstacle against the attempts of resuming the bullish attack, which forces it to form a strong bullish rebound, to settle below the extra support at 194.20, announcing its surrender to the bearish correctional bias domination again.

The stability below the broken extra support and providing negative momentum by stochastic will increase the chances for suffering extra losses that might extend to 193.10 reaching to 192.45, while regaining the bullish bias requires a positive close above 195.35 level, reinforcing the chances for breaching the mentioned barrier and moving to a new positive station.

The expected trading range for today is between 193.10 and 194.90

Trend forecast: Bearish

Despite the stability of Platinum price above the support near $1056.00, but the contradiction between the main indicators explains the sideways fluctuations without recording any new positive target, to notice its stability near $1075.00.

We will keep waiting to gather the required positive momentum to confirm breaching the barrier at $11000.00 then beginning to target the main positive stations at $1125.00 and $1158.00.

The expected trading range for today is between $1068.00 and $ 1100.00

Trend forecast: Bullish

No change on copper price’s current negativity by its repeated fluctuation below 50%Fibonacci correction level at $4.6600, besides the continuation of suffering negative pressure by stochastic approach from 20 level, therefore, we will keep preferring the negative trading in the near period, which might target $4.5500 reaching the support at $4.4900.

 Note that regaining the bullish bias is conditioned by forming a strong bullish rally, to succeed to breach 61.8%Fibonacci correction level at $4.8100.

The expected trading range for today is between $4.5000 and $4.6600

Trend forecast: Bearish

The (ETHUSD) price declined in its last intraday trading, due to the stability of the critical resistance level at $2,730, to slip after its decline, accompanied by the emergence of the negative signals on the (RSI), to lean on a minor bullish trend on the short-term basis, with its lean on the support of its EMA50, in attempt to gain the required positive momentum to recover.