The GBPJPY pair began today’s trading with new positivity, due to its stability above 212.30 barrier, to begin recording some extra gains by its rally towards 212.75.

Providing additional positive close above the breached barrier is required to confirm its readiness to resume the bullish attack, reaching towards 213.65, and providing positive momentum might make it press on 214.20 barrier, while the failure to settle will force it to provide mixed trading, and there is a chance for a decline towards 210.50 to retest extra support before reaching any of the suggested positive stations.

The expected trading range for today is between 212.00 and 214.20

Trend forecast: Bullish

Platinum price is affected by the contradiction of the main indicators, which forces it to delay the previously suggested negative attack, activating with the moving average 55 positivity, by its rally to $2245.00 yesterday, to test the initial resistance, then rebound directly to settle near $2200.00.

Stochastic attempts to provide additional negative momentum by reaching below 50 level will support the chances of renewing the corrective attempts by reaching below $2180.00, then begin targeting negative stations near $2160.00 and $2125.00.

The expected trading range for today is between $2125.00 and $2220.00

Trend forecast: Bearish

Copper price provided more temporary positive attempts, to fluctuate near $5.8500 level, to keep its negative stability below $5.9700 barrier, forming main factor to confirm the bearish corrective trend in the near and medium trading.

The price needs a new negative momentum, which allows it to renew the negative attempts, which might target 5.6500 level reaching the initial support at $5.5100, while breaching the barrier and holding above it will open the way for recording extra gains that might extend towards $6.1200 and $6.2400.

The expected trading range for today is between $5.9500 and $5.6200

Trend forecast: Bearish

Ethereum price (ETHUSD) settles in a decline during its last intraday trading, amid the emergence of negative signals from relative strength indicators, after reaching overbought levels, attempting to gain bullish momentum that might help it to recover and rise again, leaning on EMA50, amid the dominance of the bullish corrective trend on short-term basis, with its trading alongside supportive trend line for this path.