The GBPJPY pair surrendered to the stability of the barrier near 215.70, to force it delay the bullish trend and form some bearish corrective waves, to settle near 214.90.

Stochastics’ attempt to form negative momentum might push the price to resume the corrective attempts by reaching 214.55. Breaking this support will extend the trading towards 214.10, which means an extra support for the current trading.

The expected trading range for today is between 214.10 and 215.40

Trend forecast: Bearish

Platinum price confirmed delaying the bullish attempts by its stability below $2085.00 level, to begin activating with stochastic negativity by reaching the moving average 55 at $1990.00.

The continuation of the negative pressure will force the price to resume the corrective trend, to expect reaching the initial support at $1950.00, where breaking it will force it to suffer extra losses that might extend to $1910.00 and $1865.00.

The expected trading range for today is between $1950.00 and $2035.00

Trend forecast: Bearish

Copper price remains affected by stochastic negativity, attempting to reach below $5.9700 to increase the chances of activating the temporary bearish corrective trend, to reach $5.8900 followed by $5.8200 level, which represents a new extra support against the current trading.

Forming a strong obstacle at $6.1200 level against the bullish attempts will increase the chances of forming negative attempts, to keep waiting to reach the previously suggested stations, to monitor its behavior to confirm the suggested trend in the upcoming trading.

The expected trading range for today is between $5.8200 and $6.0500

Trend forecast: Bearish

Ethereum (ETHUSD) declined slightly in its recent intraday trading, affected by reaching EMA50’s resistance, attempting to gain bullish momentum that might help it to surpass this negative pressure, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this path, noticing the emergence of positive signals from the relative strength indicators after reaching oversold levels, intensifying the bullish momentum.