The GBPJPY pair ended the last negative attack by reaching 209.15 target, forming an important extra support, which pushes it to form strong bullish rebound, to approach the initial barrier at 210.45.

Noticing stochastic attempt to provide bullish momentum by its rally above 50 level, and the price attempt to settle above the moving average 55 makes us prefer the bullish attempts again, to settle above 210.65 to begin targeting positive stations by its rally above 211.25, attempting to press on 212.05 resistance again.

The expected trading range for today is between 209.80 and 211.25

Trend forecast: Bullish

Platinum price faced an important obstacle by its bullish rally at $2430.00, forcing it to delay the bullish attempts and providing mixed trading, to settle near $2355.00 as appears in the above image.

The price needs a new bullish momentum to ease the mission of breaching the barrier and reaching new positive stations that might begin at $2475.00 reaching the next barrier at $2525.00, while the failure to breach it will increase the chances of activating the attempts of gathering gains to push the price to decline towards $2245.00 support before any attempt to record the extra targets.

The expected trading range for today is between $2330.00 and $2475.00

Trend forecast: Bullish

Copper prices failed to provide positive close above $5.9700 level, which forces it to delay the bullish rally and provide sideways trading, fluctuating near $5.9400 level.

The sideways trading might continue in the near period, until it is activated the main indicators’ positivity, to reinforce the chances of resuming the rise and reaching positive stations that is located at $6.1200 and $6.2400 level, while reaching below $5.8100 will force it to suffer some losses before reaching the suggested positive stations.

The expected trading range for today is between $5.8500 and $6.1200

Trend forecast: Bullish

The (ETHUSD) price rose on its last intraday levels, with the continuation of the negative and dynamic pressure that is represented by its trading below EMA50, under the dominance of the main bearish trend on short-term basis, intensifying the negative pressures on the price, besides the emergence of negative signals on relative strength indicators, reducing the chances for full recovery on near-term basis.