The GBPJPY pair succeeded in surpassing stochastic negativity by providing new close above the support at 201.70 level, forming positive trading to settle near 202.55.

Gathering extra positive momentum is important for reinforcing the chances of forming strong bullish rally to target 203.40 level initially, to extend the trading towards 1.809%Fibonacci extension level at 203.85.

The expected trading range for today is between 201.80 and 203.40

Trend forecast: Bullish

Platinum price didn’t move anything since yesterday, due to its fluctuation below $1690.00, providing intraday sideways trading to gather extra positive momentum again.

The continued stability above extra support at $1600.00 and stochastic rally above 50 level will increase the chances of achieving the required breach, to ease the mission of recording new historical gains that might begin at $1745.00 and $1835.00.

The expected trading range for today is between $1635.00 and $1745.00

Trend forecast: Bullish

Copper price affected by the sideways bias dominance due to its neediness to the positive momentum, which forces it to fluctuate below $5.0600 level, testing extra support at $4.7500 to settle above it.

The sideways trading until gathering positive momentum, which allows it to surpass the current barrier, waiting for its rally towards extra stations near $4.2000 and $5.3200.

The expected trading range for today is between $4.7500 and $5.2000

Trend forecast: Bullish

The (ETHUSD) price rose in its last trading on the intraday basis, in an attempt to recover some of its previous losses, and attempting to offload its clear oversold conditions on the relative strength indicators, with the emergence of positive overlapping signals, and the dominance of bearish wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of its recovery in the upcoming period.

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