Despite the weakness of the GBPJPY pair’s trading, there are positive factors that begin by the main stability within the bullish channel’s levels, by the continuation of forming extra support at 205.20 level, these factors confirm the continuation of the positivity in the near and medium period.

Providing positive momentum by stochastic reach towards overbought level makes us prefer attacking the resistance of the bullish channel on 207.70, confirming that breaching it is important to record new gains by its rally towards 208.25 and 208.70.

The expected trading range for today is between 206.25 and 207.70

Trend forecast: Bullish

Platinum price succeeded in providing new positive close above $1605.00 level, to confirm its readiness to resume the bullish trend, fluctuating near $1635.00.

The continuation of providing positive signals by the main indicators will ease the mission of breaching $1645.00 level, to open the way for recording extra gains that might begin at $1695.00 and $1745.00.

The expected trading range for today is between $1600.00 and $1695.00

Trend forecast: Bullish

Copper price began receiving bullish momentum by stochastic approach from 50 level, reinforcing the positive stability within the bullish track, besides the continuation of forming extra support at $4.7500 level.

We expect target $5.2000 barrier, surpassing it will lead to form new bullish waves to target more positive stations that begin at $5.3200 and %161.8 Fibonacci extension level near $5.5000.

The expected trading range for today is between $4.9800 and $5.2000

Trend forecast: Bullish

The (ETHUSD) price fluctuated on its last intraday levels, within limited range of sideways trading, attempting to gain bullish momentum that might help it to recover and rise again, affected by breaching main bearish trend line on the short-term basis, and there is dynamic support that is represented by its trading above EMA50, besides forming positive divergence on the relative strength indicators, after reaching exaggerated oversold levels, compared to the price move with the emergence of positive overlapping signals.