The GBPJPY pair ended providing new positive closes by its stability above the extra support at 194.20, to notice forming a strong bullish rally, surpassing the barrier at 195.65 level and its approach from the initial main target at 196.45.

The continuation of providing positive momentum will increase the efficiency of the bullish track, which makes us prefer targeting new positive stations that might extend to 196.90 reaching 61.8% Fibonacci correction level.

The expected trading range for today is between 194.90 and 196.90

Trend forecast: Bullish

Platinum price continued to resist stochastic negativity by its continuous fluctuation above $1056.00 level, which represents an important support as appears in the above image, as it represents 100% Fibonacci extension, and its stability reinforces the chances of the bullish scenario domination again.

Gathering the positive momentum is important to lead the price begin forming bullish waves to surpass $1100.00 level, then begin achieving new gains by its rally to $1125.00 reaching $1158.00 in the medium period trading.

The expected trading range for today is between $1068.00 and $1100.00

Trend forecast: Bullish

Copper price delayed the bullish rally due to the negative pressure that comes by a stochastic approach from 50 level, suffering some extra losses by hitting $4.6000 level, attempting to settle above the moving average 55.

The contradiction between the main indicators might force the price to provide sideways trading, but the repeated stability below 6.8%Fibonacci correction level at $4.8100 represents a main factor that confirms the bearish correctional bias dominance, to keep waiting for resuming the decline and targeting $4.5000 level in the near period.

The expected trading range for today is between $4.5000 and $4.7000

Trend forecast: Bearish

The (ETHUSD) price rose in its last intraday trading, approaching from the stubborn critical resistance level at $2,730, supported by its continuous trading above its EMA50, and its moves alongside the bullish trend line on the short-term basis, noticing the emergence of the positive signals on the (RSI), after reaching oversold levels.