No news for GBPJPY pair until this moment due to its stability below 211.30 barrier, which forces it to provide new sideways fluctuated moves and delay the bullish rally in the current trading.
There are a chance for forming bearish corrective waves to target 210.40 level, reaching extra support near 209.70, while breaching the current barrier and holding above it, will provide a chance for a new bullish waves, to record extra gains by its rally towards 212.50 reaching the bullish channel’s resistance at 213.55.
The expected trading range for today is between 209.30 and 211.30
Trend forecast: Fluctuated within the bullish trend
Platinum price ended the bearish corrective attack by targeting $1905.00 level, forming key liquidity sweep zones, enabling it to renew the bullish rally to reach $2255.00 level, announcing the continuation of the main bullish scenario.
To confirm gathering extra bullish momentum to ease the mission of holding above $2235.00 level is important to reinforce the chances of recording new gains by its rally towards $2325.00 reaching the next barrier near $2415.00.
The expected trading range for today is between $2095.00 and $2290.00
Trend forecast: Bullish
Copper price kept the positive stability above $5.5100 support in the last trading, to rally towards the initial target at $5.8100, taking advantage of stochastic stability within the overbought level.
The continuation of the pressure on $5.8100 level might allow it find an exit for resuming the bullish attack, to expect breaching $5.9700 to extend the trading towards the bullish channel’s resistance at $6.1700 level.
The expected trading range for today is between $5.6100 and $5.9700
Trend forecast: Bullish
The (ETHUSD) price rose in its last intraday trading, amid the dominance of minor bullish wave on the short-term basis, with the trading alongside supportive trend line for this trend, especially with the continuation of the dynamic support that is represented by its trading above EMA50, besides the emergence of the positive signals from the relative strength indicators, after forming positive divergence that is reinforced by the chances of extending the gains on the near-term basis.