The GBPJPY pair formed new negative attack yesterday to move away from 191.90 barrier and notice suffering clear losses by reaching 188.20, to face new support that might hinder resuming the decline temporarily.

We notice the continuous negative momentum coming by the major indicators, allowing us to wait to break the current support and hold below it to confirm its preparation to target new negative stations that might extend towards 186.40 and 184.50, while failing to break it will force the price to provide mixed trades with a chance to test 190.20 level before reaching the additional negative stations.

The expected trading range for today is between 187.00 and 189.70

Trend forecast: Bearish

No change to platinum price bearish track, providing additional negative closings below 950.00$ resistance line, in addition to 920.00$ level that keeps forming additional barrier, to notice fluctuation near 900.00$ recently.

Stochastic attempt to exit the oversold areas might force the price to provide some temporary sideways trades until gathering the required additional negative momentum to resume the negative attempts and reach the negative targets at 895.00$ and 882.00$.

The expected trading range for today is between 895.00$ and 920.00$

Trend forecast: Bearish

Despite copper price weak trades yesterday, the frequent consolidation below the MA55 and providing negative pressures on 4.0250$ obstacle confirm keeping the previously suggested negative track.

Now, stochastic attempt to provide the negative momentum might increase the chances of breaking 4.0250$ level, to keep waiting to target the additional negative stations at 3.9200$ and 3.7000$.

The expected trading range for today is between 3.9300$ and 4.1000$

Trend forecast: Bearish

Ethereum price (ETHUSD) rise stopped near 2500.00$ barrier, to start declining now and head towards resuming the main bearish trend, motivated by the negative overlapping signal provided by stochastic now, waiting to surpass 2310.00$ to reinforce the chances of rallying towards our next main target that reaches 2168.74$.

Therefore, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 2545.00$ followed by 2623.77$ and hold above them.

The expected trading range for today is between 2280.00$ support and 2500.00$ resistance.

Trend forecast: Bearish