The GBPJPY pair settled negatively in its last trading below 214.30, attempting to form new bearish trading by reaching 211.90 level, which forces it to form mixed trading by bouncing towards 212.90 to gather extra negative momentum in the near period.

In general, we will keep the bearish suggestion by the stability of the moving average 55 near the mentioned barrier to increase the negative pressure on the trading for today, to expect breaking 211.80 reaching directly to the next support at 210.45, forming confirmation key for the main trend in the near and medium trading.

The expected trading range for today is between 211.30 and 213.50

Trend forecast: Bearish

Platinum price repeats providing positive closes above $1950.00 level, increasing the chances of renewing the previously suggested bullish attempts to settle near $2005.00 level, taking advantage of providing positive momentum by stochastic as it surpassed 50 level.

We expect targeting $2035.00 level, to repeat the pressure on $2080.00 barrier, to find an exit to record extra gains in the near and medium period, while its decline below $1950.00 and providing negative close might force it to activate the corrective decline again, to form initial main target at $1865.00 level.

The expected trading range for today is between $1970.00 and $2080.00

Trend forecast: Bullish

Copper price didn’t move anything by its confinement between $6.0500 level, while $5.8100 forms a key support against the attempt of resuming the bearish corrective trend, to fluctuate near $5.9100 level.

Providing positive momentum by the main indicators might increase the chances of surpassing the barrier, which opens the way for renewing the bullish attempts, to target several positive stations that might begin at $6.1200 and $6.2500, while breaking the support will force it to suffer extra losses by reaching $5.700 and $5.5900.

The expected trading range for today is between $5.8100 and $6.0500

Trend forecast: Sideways 

Ethereum (ETHUSD) extended its gains during recent intraday trading, breaching $2,325 resistance level, supported by its continued trading above EMA50, besides the emergence of positive signals from the relative strength indicators, despite reaching overbought levels, this comes amid the dominance of the main bullish trend on short-term basis with the trading alongside supportive trend line for this path.