The GBPJPY pair provided more bullish corrective waves due to the stability of stochastic within the overbought level, to settle near 213.50, delaying the previously suggested trend.

Note that the stability below %61.8 Fibonacci correction level at 214.30, which makes us wait for gathering the required negative momentum, which allows it to activate the negative trend in the near period by reaching 212.80, attempting to press on the barrier near 211.80, while the attempt of changing the main trend requires providing positive closes above 214.50.

The expected trading range for today is between 212.80 and 214.20

Trend forecast: Fluctuating 

Platinum price is forced to provide weak sideways trading, affected by the stability of $2080.00 barrier, which obstructs the chances of resuming the bullish attempts, to fluctuate near $2035.00, attempting to lean above the moving average 55.

Note that the stability above the main support at $1865.00, the continuation of the attempt of forming extra support at $1950.00 level, these factors make us keep the bullish scenario, to keep waiting for surpassing the mentioned barrier, to begin recording extra gains by its rally towards $2125.00 and $2190.00.

The expected trading range for today is between $1975.00 and $2080.00

Trend forecast: Sideways

Copper price began this morning positively, attacking the barrier near $6.2600, attempting to find an exit for resuming the main bearish trend, we expect achieving the required breach to open the way for reaching extra stations that might begin at $6.3800 and $6.5200.

The failure of the breach might force the price to provide mixed trading, with a chance for gathering some gains by reaching $6.1200 followed by %200 Fibonacci extension level near $5.9700.

The expected trading range for today is between $6.1600 and $6.3800

Trend forecast: Bullish

Ethereum (ETHUSD) slightly declined in recent intraday trading as the price attempts to regain positive momentum that could support a new recovery and upward move. At the same time, it is working to reduce overbought conditions shown on the relative strength indicators, especially with emerging negative signals, leaning on EMA50’s support, with the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this path.