The GBPJPY pair confirmed keeping the bullish scenario by forming new support base recently near 195.30, to notice rallying towards the first main target at 198.35 on last Friday followed by waiting to form temporary correctional rebound in order to gather more positive momentum.

The above chart shows the MA55 consolidation below the current price, to form additional support at 196.30 and allow us to keep the bullish overview until achieving additional gains by rallying towards 198.80 and 199.40 levels.

The expected trading range for today is between 196.70 and 198.80

Trend forecast: Bullish

Platinum price succeeded to provide new close above 983.00$ support line, confirming its continuous surrender to the bullish track and noticing recording some gains recently by rallying towards 1005.00$ to approach the first suggested target.

The price needs additional positive momentum to manage to continue the rise, assuring the importance of surpassing 1015.00$ obstacle to open the way to record additional gains that might extend towards 1022.00$ and 1042.00$ levels, while breaking the support will force it to activate the bearish track to start suffering many losses and target 968.00$ as a first station.

The expected trading range for today is between 990.00$ and 1015.00$

Trend forecast: Bullish

Copper price succeeded to gain the positive momentum, as stochastic consolidated above 20 level, to notice the beginning of forming bullish waves by targeting 4.3900$ level, as the frequent stability above 4.2600$ support line and facing continuous positive pressures allow us to expect rallying towards 4.5400$ target soon, while surpassing it might extend trades towards 4.6900$ barrier.

On the other hand, facing the negative pressures again and crawling below the mentioned support will force it to resume the correctional decline, to suffer more losses by moving towards 4.1500$ and 4.0200$ levels.

The expected trading range for today is between 4.3200$ and 4.4700$

Trend forecast: Bullish

Ethereum price (ETHUSD) managed to touch our waited target at 2432.00$ and found solid support there, to show positive trades that hint heading to attempt to build bullish wave on the intraday and short-term basis, and the price needs to breach 2496.20$ to reinforce the chances of continuing the rise and achieve positive targets that start at 2600.05$ followed by 2664.30$.

Therefore, the bullish bias will be expected for today, noting that breaking 2432.00$ will stop the positive scenario and push the price to suffer more losses.

The expected trading range for today is between 2370.00$ support and 2620.00$ resistance.

Trend forecast: Bullish