The GBPJPY pair didn’t move anything in yesterday’s trading due to the contradiction between the main indicators, which forces it to form sideways trading by its stability near 202.70.

Reminding you that the stability above the extra support at 201.70 forms a main factor that motivates the bullish attack again, waiting for attacking the barrier near 203.85, and surpassing it will open the way to form new bullish waves to target 204.50 level reaching the top near 205.20.

The expected trading range for today is between 202.40 and 203.85

Trend forecast: Bullish

Platinum price began receiving extra positive momentum by stochastic attempts to settle above 50 level, to reinforce the chances of activating the bullish attack by approaching the barrier at $1690.00.

Note that the attempt to form extra support at $1600.00 and the continuation of facing positive pressures will increase the chances of surpassing the current barrier to open the way for reaching new historical stations that might begin at $1745.00 reaching $1835.00, which might form strong resistance against the bullish attempts.

The expected trading range for today is between $1610.00 and $1745.00

Trend forecast: Bullish

No change on copper price track despite providing sideways trading and its stability near $5.0200, due to its main stability within the bullish channel’s levels and the continuation of forming extra support at $4.7500 level as appears in the above image.

Therefore, we will keep waiting for gathering positive momentum to provide chance that confirms surpassing the current barrier at $5.0600, to extend the trading towards the main stations near $5.2000 and $5.3200.

The expected trading range for today is between $48800 and $5.2000

Trend forecast: Bullish

The (ETHUSD) price declined in its last intraday trading, affected by reaching the resistance of EMA50, which affected negative and forced to decline, especially with the emergence of the negative signals on the relative strength indicators, after forming negative divergence after reaching exaggerated overbought levels compared to the price moves, under the dominance of bearish wave on the short-term basis.

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