The GBPJPY pair began forming bullish wave achieving 199.45 level, but the contradiction of the main indicators and forming an extra barrier might reduce the chances of resuming the bullish attack in the current period.

The stability of the price below the extra barrier, we will begin preferring the bearish correctional trading, which might target 198.20 level reaching 61.8%Fibonacci correction level near 197.45, forming an important support against the upcoming trading, while its success to breach the barrier and holding above it will increase the chances for achieving extra gains that might begin at 200.35 reaching 201.55.

The expected trading range for today is between 198.20 and 199.45

Trend forecast: Bearish

Platinum price repeated forming sideways fluctuation, attempting to reduce the intraday negative effect that comes from stochastic to the oversold level, leaning near the barrier at $1366.00.

Note that stability of the price in the current period above the initial support near $1333.00, reinforcing the chances for gathering the required positive momentum to breach the current barrier, to attempt to achieve several gains by its rally to $1392.00 and $1420.00.

The expected trading range for today is between $1340.00 and $1392.00

Trend forecast: Bullish

Copper price remains stable until this moment within the bullish track, taking advantage of the stability of the extra support at the $5.3200 level, attempting to gather the required extra positive momentum to resume the rise in the near period, reminding you that the initial main stations are stable near $5.7200 reaching the resistance of the bullish channel at $6.0400.

The decline below the support and providing a negative close, so that will force it to form bearish correctional trading, which forces it to suffer some losses by reaching $5.095 and $4.7600 to resume the bullish attack.

The expected trading range for today is between $5.3500 and $5.7200

Trend forecast: Bullish

The (ETHUSD) price settled high in its last intraday trading, gathering the gains of its previous rises, to attempt to offload some of its overbought conditions on the (RSI), especially with the beginning of the negative overlapping signals on it, gathering its positive strength that might assist it to begin a new strong bullish wave, with its success to breach the critical resistance level at $2,875 which represents our target, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.