The GBPJPY pair ended the last corrective decline by facing the support at 209.65, forming the main target in the previous report, to begin activating the bullish waves, to surpass 210.65 barrier, to recover some losses by its rally towards 211.35.

Leaning above 210.40 again will provide a chance for activating with the main indicators’ positivity, to reach towards the moving average 55 at 211.70, then attempting to press on the broken bullish channel’s support at 212.15, to find an exit for the stability within the bullish trend, while its decline below 210.65 might force it to suffer extra losses by its decline towards 209.80 reaching 209.00.

The expected trading range for today is between 210.65 and 212.15

Trend forecast: Bullish

Platinum price ended the last bullish rally by reaching $2919.00 level, to begin gathering the gains by its decline towards $2565.00, the current corrective trading caused by stochastic exit from the overbought conditions, to confirm delaying the bullish attempts in the upcoming trading.

Therefore, we expect providing mixed trading by its stability below$2710.00 level, to increase the chances of targeting extra corrective stations that might extend towards $2550.00 and $2465.00.

The expected trading range for today is between $2550.00 and $2710.00

Trend forecast: Bearish

Copper price reached $5.9700 level yesterday to settle below it, affected by the continuation of the contradiction between the main indicators, especially by stochastic exit from the overbought level, which forces it to fluctuate in sideways range by its stability near $5.8300.

We expect the price to be affected by a state of instability due to the ongoing divergence of the main indicators, despite the presence of an opportunity to edge toward $5,720.00. However, exposure to negative pressure may force it to retest the solid support near $5,510.00, while surpassing this level and holding above it will reinforce the chances of recording new gains that might extend towards $6.1200 and $6.2400.

The expected trading range for today is between $5.7500 and $6.000

Trend forecast: Fluctuating

The (ETHUSD) price rose in its last intraday trading, to recover some of its previous losses, amid the dominance of the main bearish trend due to its trading below EMA50, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of the price’s sustainable recovery on near-term basis, especially with the beginning of forming negative divergence on relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of negative overlapping signals.