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The GBPJPY fluctuates below the resistance– Forecast today – 7-4-2026
The GBPJPY pair remains affected by the main indicators positivity, to settle above 210.60 level and providing several bullish corrective waves, to settle near 211.40.
Reminding you that the stability below 213.30 resistance and the attempt of forming extra barrier at 211.85 level against the current trading makes us wait for gathering the negative momentum to begin negative attack, to press on 210.60 soon, and breaking it might extend the trading towards 209.60 and 209.10.
The expected trading range for today is between 209.60 and 211.80
Trend forecast: Bearish
Platinum price repeats the pressure on the moving average– Forecast today – 7-4-2026
Platinum price attempted to form several bullish waves in the previous period, moving away from the support at $1860.00, providing strong pressures on the moving average 55, which keeps forming a key barrier at $1980.00.
The positive attempts get advantage of the stability above the previously mentioned support, which makes us wait for breaching the moving average 55 and holding above it to pave the way for achieving extra gains that might begin at $2070.00 and $2130.00, while breaking the support will push the price to provide new bearish trading, to reach $1170.00.
The expected trading range for today is between $1905.00 and $2070.00
Trend forecast: Bullish
Copper price in its way to activate the positivity– Forecast today – 7-4-2026
Copper price provided several positive closes above $5.5100 level in the last trading, which represents %161.8 Fibonacci extension level, attempting to reinforce the chances of regaining the bullish bias by reaching $5.6700 level.
The continuation of attempting bullish momentum by the main indicators makes us wait for confirm the stability of the price above $5.6200 level, opening the way for targeting new bullish stations that might extend towards $5.7500 and $5.9700.
The expected trading range for today is between $5.5500 and $5.7500
Trend forecast: Bullish
Ethereum price (ETHUSD) attempts to gain positive momentum - Analysis- 07-04-2026
Ethereum (ETHUSD) stabilized at sharp losses during its latest intraday trading, amid emerging negative signals from the relative strength indicators after reaching heavily overbought levels. The price is attempting to gain positive momentum that may help it recover and rise again, supported by continued trading above EMA50, which provides dynamic support and renewed momentum, reinforcing the stability of the main upward trend in the short term.