The GBPJPY pair lost the negative momentum after stochastic rallied towards the overbought areas, to force it to postpone resuming the negative attack and form correctional rebound to settle near 198.45 now.

We remind you that the bearish scenario for the near-term and medium-term period will remain valid as long as 200.25 level keeps forming the additional barrier, to keep waiting to gather the additional negative momentum soon and ease the mission of settling below 197.50 followed by targeting new negative stations by crawling towards 196.20 followed by reaching the next main target at 195.30.

The expected trading range for today is between 198.80 and 196.20

Trend forecast: Bearish

Platinum price took advantage of the stability of 930.00$ support line to form many bullish waves and settle above 950.00$, hinting its preparation to activate the bullish track on the near-term and medium-term basis.

Now, stochastic attempt to provide the positive momentum will increase the chances of attacking the MA55 at 968.00$, which surpassing it will open the way to record additional gains that might extend towards 983.00$ and 1010.00$.

The expected trading range for today is between 940.00$ and 983.00$

Trend forecast: Bullish

Copper price still stable within the tight sideways track, affected by the stability of 4.1500$ barrier, to notice crawling towards 4.0250$ support line, noting that the continuous contradiction between stochastic positivity against the MA55 consolidation near the major resistance at 4.3300$ confirms the price affection by the instability, to stay neutral until surpassing one of the major barriers to manage to detect the next targets.

Breaching the mentioned barrier and holding above it will open the way to form bullish waves and target some positive stations by moving towards 4.2100$ and 4.2600$, while breaking the support and holding below it will reinforce the domination of the bearish bias for the upcoming trades, to expect crawling towards 3.9200$ first, followed by reaching the next main target at 3.7500$.

The expected trading range for today is between 4.025$ and 4.1500$

Trend forecast: Neutral

Ethereum price (ETHUSD) fluctuates around the EMA50, while stochastic gets rid of its negative momentum clearly to approach the oversold areas, waiting to motivate the price to rise again to breach 3360.31$ and open the way to achieve new gains that start at 3505.00$ and extend to 3641.82$.

Therefore, the bullish trend will remain suggested for the upcoming period, noting that failing to achieve the required breach will force the price to decline and test the key support 3132.80$ before any new attempt to rise.

The expected trading range for today is between 3200.00$ support and 3460.00$ resistance.

Trend forecast: Bullish