The GBPJPY pair surrendered to stochastic negativity in Friday, forcing it to delay the bullish rally, forming bearish corrective waves, to test the initial support level at 214.19, to settle above it.

The stability above the current support will provide a chance for renewing the bullish attempts by its rally initially towards 215.10, and surpassing it might extend the trading towards 215.70, while the continuation of the negative pressures might force it to provide more corrective trading to reach the main support at 213.30.

The expected trading range for today is between 214.10 and 215.70

Trend forecast: Bullish

Platinum price neediness to positive momentum led to form more sideways trading to settle again near $2090.00 level without recording the previously suggested positive targets.

Stochastic exit from the overbought level might push the price to provide some corrective trading by reaching $2020.00 reaching the initial support at $1950.00, while gaining positive momentum will help it to activate the main bullish trend, to reach towards $2205.00, which represents the initial main target in the near trading.

The expected trading range for today is between $2020.00 and $2130.00

Trend forecast: Fluctuated within the bullish track

Copper price opened this morning trading by forming negative gap by reaching $5.9400 level, to bounce higher above $5.9700 level, which represents the main factor to confirm the positivity of the near and medium- period trading.

The price needs a new bullish momentum that allows it to provide positive close above $5.9700, to begin targeting positive stations by its rally towards $6.1550 and $6.2500, while it returns to settle below $5.9700 will force it to form new bearish waves, to expect reaching $5.8200 before recording any of the positive targeta.

The expected trading range for today is between $5.9100 and $6.1550

Trend forecast: Bullish

Ethereum price (ETHUSD) declined during its recent intraday trading, affected by continued movement below its EMA50, which creates dynamic bearish pressure that limits any short-term recovery attempts, with the emergence of negative signals from relative strength indicators, despite their stability in deeply oversold levels, the price exits a short-term bullish channel that had limited its previous short-term trading.