The GBPJPY pair failed to hold for long time above the additional support 190.70, to notice the beginning of forming correctional bearish trades by reaching 189.60, also, stochastic begins to provide the negative momentum to increase the chances of targeting additional negative stations that might extend towards the first additional support at 188.90.

On the other hand, rallying above 190.70 again and closing positively above it will cancel the negative overview, to expect forming new bullish waves in order to record the gains, to target 191.85 level initially.

The expected trading range for today is between 190.60 and 189.00

The expected trend for today: Bearish

Platinum price resisted the recent negative pressures by providing new close above the support line at 875.00, to notice the beginning of forming bullish waves and settling near 885.00.

The frequent stability above the current support and stochastic positive momentum signals assist to activate the bullish track, to keep waiting to target the positive stations that might start at 892.00 followed by reaching the additional resistance 905.00, which forms the key to confirm the next main trend.

The expected trading range for today is between 880.00 and 895.00

The expected trend for today: Bullish

Copper price still under the correctional bearish effect, to notice its crawl towards 3.7900 yesterday, followed by forming sideways fluctuation in attempt to get new negative momentum and ease the mission to reach the additional stations near 3.7300.

We remind you that the bearish scenario will remain valid as long as the additional resistance 3.8900 remains intact, in addition to stochastic attempt to provide the negative momentum, which allow us to wait to reach the next mentioned negative target.

The expected trading range for today is between 3.8500 and 3.7700

The expected trend for today: Bearish

Wheat price faced clear negative pressure yesterday to approach 570.00 level, but we notice that the price begins today positively to move above the EMA50, motivated by stochastic current positivity, which supports the chances of achieving expected gains in the upcoming sessions, waiting to visit 593.00 as a first target.

Therefore, we will continue to suggest the bullish trend on the intraday basis conditioned by the price consolidation above 577.00.

The expected trading range for today is between 572.00 support and 590.00 resistance.

The expected trend for today: Bullish