The GBPJPY pair failed to settle above the barrier at 206.95 level, forcing it to form corrective waves to settle near 205.75 as appears in above image.

Stochastic attempt to exit the oversold level, to increase the intraday negative pressures on the trading, to increase the chances of testing extra support at 205.20, where breaking it will force it to suffer extra losses by reaching 204.60 and 204.10, while renewing the bullish attempts require providing new positive close above 206.90, to ease the mission of recording the main positive targets that extend to 207.70 and 208.25.

The expected trading range for today is between 205.20 and 206.60

Trend forecast: Bearish 

Platinum price continued to form repeated bullish trading, recording some gains by hitting $1724.00 level, to bounce back to settle near $1695.00 level.

No escape for resuming the bullish attack, as there are several factors that begin by the stability above $1605.00 support, besides the unionism of providing bullish momentum by the main indicators, therefore, we will keep our bullish suggestion that might target $1745.00 and $1778.00 level.

The expected trading range for today is between $1680.00 and $1745.00

Trend forecast: Bullish

Copper price activated with stochastic positivity, to confirm the stability of the bullish scenario by surpassing the initial barrier at $5.2000 and recording extra gains.

Forming extra support at $4.9500 level, to increase the efficiency of the bullish scenario to keep waiting for targeting $5.3200 level, reaching 161.8% Fibonacci extension level at $5.5000, to form the next main target in the current trading. 

The expected trading range for today is between $5.0600 and $5.3200

Trend forecast: Bullish

The (ETHUSD) price declined sharply in its last intraday trading, surpassing the support of ist EMA50, which puts it under negative pressure to announce ending the main bearish trend on the short-term basis, especially with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, intensifying the negative pressures.