The GBPJPY pair neediness to the negative momentum in the last report, to notice the attempt of providing new pressures on the resistance at 190.10, then repeat forming bearish waves to settle near 189.50.

Until now, the price remains within the negative track by the repeated stability below the resistance, to keep waiting for gathering the required negative momentum, to begin targeting negative stations that begin at 188.80 and 188.00 level.

The expected trading range for today is between 188.00 and 190.00

Trend forecast: Bearish

Platinum price continued forming weak sideways trading by its repeated stability near the resistance at $975.00, confirming its affection for the continuation of the main indicators until this moment, therefore, we will keep waiting for achieving the required breach to increase the chances of forming new bullish waves, to begin recording gains by its rally to $994.00 and $1005.00.

While the breach failure might assist to activate the bearish correctional track in the current trading, which forces the price to renew the pressure on the moving average 55 at $960.00, to attempt to target extra support near $950.00.

The expected trading range for today is between $962.00 and $974.00

Trend forecast: Bullish

Copper price confirmed its affection by the suggested bearish bias domination, by providing new closes below the barrier at $4.9100, to notice by the above image its approach from the initial correctional target at $4.7700.

The continuation of the current barrier stability and stochastic exit from the overbought level will increase the negative pressures on the current period trading, to keep our bearish scenario valid, to expect surpassing the initial target then attempting to press on 50%Fibonacci correction level at $4.6600.

The expected trading range for today is between $4.6900 and $4.8400

Trend forecast: Bearish

The EURUSD settled bearishly in its recent intraday trading, affected by the technical formation negativity, which was formed previously on the short- term basis, represented by the rising wedge pattern, which causes correctional pressures on the price.

The continuation of the trading below EMA50, besides the emergence of weakness signals from the (RSI), after offloading some of the exaggerated oversold conditions, increase the continuation of the negative scenario.