The GBPJPY pair opened today’s trading with a big price gap, to settle above the barrier at 200.45, recording big gains by its rally towards 202.10, approaching the initial main target at 202.40, forming 161.8%Fibonacci extension level that appears in the above image.

And that confirms the price surrender to the bullish bias dominance, by providing extra positive momentum by the main indicators, which increase the chances of surpassing 202.40 level, to begin achieving extra gains by its rally towards 202.85 reaching 1.809% Fibonacci extension level near 203.85.

The expected trading range for today is between 200.60 and 202.80

Trend forecast: Bullish

Platinum price confirmed the stability of the bullish scenario by providing new positive closes above the initial support level at $1525.00, forming a new bullish rally by its fluctuation near the top at $1625.00 level.

The continuation of providing positive momentum by the main indicators will push the price to record new historical gains by reaching $1642.00 initially, then attempts to reaching 100%Fibonacci extension level near $1690.00.

The expected trading range for today is between $1575.00 and $1642.00

Trend forecast: Bullish

Copper price activated with the positivity of the main indicators, to keep its positive stability above 100%Fibonacci extension level at $4.7500 level, attacking $5.0600 barrier, to record the second waited target in our previous report.

The price might be forced to provide sideways trading, but the continuation of gathering positive momentum will increase the chances of surpassing the current barrier, to open the way for recording extra gains that might extend to $5.2000, reaching the next main target near $5.3200.

The expected trading range for today is between $4.9100 and $5.2000

Trend forecast: Bullish

The (ETHUSD) price rose in its last intraday trading, amid the dominance of the bullish corrective trend on the short-term basis and its trading alongside steep trendline, indicating the strength and dominance of this trend, especially with the continuation of the positive pressure that comes from its trading above EMA50, besides the emergence of positive overlapping signals on the relative strength indicators, after reaching exaggerated oversold levels compared to the price movement, which suggest forming a positive divergence, adding more bullish momentum on its coming trading.

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