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The GBPJPY losses the positive momentum– Forecast today – 4-6-2026
The GBPJPY pair surrendered to form a strong barrier at 215.50, affected by stochastic exit from the overbought level, forming some bearish waves by targeting 214.30 level.
The current decline will not threaten the attempt of activating the bullish trend, depending on forming initial main support at 213.50 level, which makes us wait for gathering the positive momentum, to renew the pressure on 215.50, where surpassing it will ease the mission of recording extra gains by its rally towards 216.10 and 216.60.
The expected trading range for today is between 214.10 and 215.50
Trend forecast: Bullish
Platinum price tests the support– Forecast today – 4-6-2026
Platinum price needs positive momentum to form new corrective waves, to attack $1865.00 support, attempting to settle above it to confirm the bullish scenario and its rally towards $1885.00.
MoreCopper price needs a new momentum– Forecast today – 4-6-2026
Copper price ended the bullish rally by reaching $6.6300 level, forcing it to provide some corrective waves by reaching $6.3750, due to stochastic exit from the overbought level to delay the bullish rally temporarily.
MoreEthereum (ETHUSD) ) is Under Negative Pressure – Analysis – 04-06-2026
Ethereum (ETHUSD) remains under pressure during recent intraday trading, extending its losing streak after breaking below the $1,800 support level, which had previously been identified as a downside target. This breakdown confirms sustained bearish momentum and reinforces the dominance of sellers in the short-term trend.
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