The GBPJPY pair is forced to provide slow corrective trading, due to the contradiction between the main indicators, keeping its fluctuations near 210.65 level, but its stability below 211.30 level supports the chances of activating the bearish corrective attack, to keep waiting for our negative expectations until reaching 209.70 level reaching the minor bullish channel’s support at 209.00.

While gathering extra bullish momentum and its rally above the barrier will provide new opportunity for activating the bullish trend, to expect targeting new positive stations that might begin at 212.65.

The expected trading range for today is between 209.30 and 211.20

Trend forecast: Bearish

Platinum price resumed the bearish corrective attack, achieving the previously suggested corrective targets by reaching the minor bullish channel’s support that is represented by $2045.00 level, to rally towards $2200.00.

The contradiction between the main indicators confirms the price surrender to the sideways bias, to form mixed trading until gathering bullish momentum, to open the way for its rally above $2235.00 level and begin targeting some positive stations by its rally towards $2285.00 and $2325.00.

The expected trading range for today is between $2090.00 and $2235.00

Trend forecast: Bullish

Copper price provided corrective trading targeting $5.4600 level, rebounding to settle above the extra support at $5.5100 level, announcing the stability of the previously suggested bullish scenario.

Gathering extra bullish momentum is important for reinforcing the positive stability, then begin targeting some positive stations by reaching $5.8000 followed by %2.00 Fibonacci extension level at $5.9700.

The expected trading range for today is between $5.5500 and$5.8000

Trend forecast: Bullish

The (ETHUSD) price declined in its last intraday trading, after witnessing fluctuating trading yesterday to settle below EMA50, forming dynamic negative pressure that reinforces the chances of deepening the losses in the upcoming period, especially when breaking$2,900 key support, on the other hand, we notice the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels, forming a factor to help the price reverse these expectations by a sudden rise.